Olink Holding Stock Forecast - Daily Balance Of Power

OLKDelisted Stock  USD 26.08  0.00  0.00%   
Olink Stock Forecast is based on your current time horizon.
  
On June 21, 2024 Olink Holding AB had Daily Balance Of Power of (0.11). Balance of Power indicator (or BOP) measures the strength of Olink Holding AB market sensitivity to bulls and bears. It estimates the ability of Olink Holding buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Olink Holding Balance of Power indicator one can determine a trend of the price direction.
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Olink Holding Trading Date Momentum

On June 24 2024 Olink Holding AB was traded for  25.47  at the closing time. Highest Olink Holding's price during the trading hours was 25.58  and the lowest price during the day was  25.43 . The net volume was 1.4 M. The overall trading history on the 24th of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.47% . The trading delta at closing time to current price is 1.52% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Olink Holding Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Olink Holding stock to make a market-neutral strategy. Peer analysis of Olink Holding could also be used in its relative valuation, which is a method of valuing Olink Holding by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Olink Holding Market Strength Events

Market strength indicators help investors to evaluate how Olink Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Olink Holding shares will generate the highest return on investment. By undertsting and applying Olink Holding stock market strength indicators, traders can identify Olink Holding AB entry and exit signals to maximize returns.

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Other Consideration for investing in Olink Stock

If you are still planning to invest in Olink Holding AB check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Olink Holding's history and understand the potential risks before investing.
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