ShiftPixy Stock Forecast - Accumulation Distribution

PIXYDelisted Stock  USD 6.53  1.06  13.97%   
ShiftPixy Stock Forecast is based on your current time horizon.
  
On August 7, 2024 ShiftPixy had Accumulation Distribution of 284.8. The accumulation distribution (A/D) indicator shows the degree to which ShiftPixy is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of ShiftPixy to determine if accumulation or reduction is taking place in the market. This value is adjusted by ShiftPixy trading volume to give more weight to distributions with higher volume over lower volume.
Check ShiftPixy VolatilityBacktest ShiftPixyTrend Details  

ShiftPixy Trading Date Momentum

On August 08 2024 ShiftPixy was traded for  16.05  at the closing time. The top price for the day was 16.73  and the lowest listed price was  16.05 . The trading volume for the day was 4.9 K. The trading history from August 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 7.06% . The trading price change against the current closing price is 1.85% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare ShiftPixy to competition

ShiftPixy 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 ShiftPixy stock to make a market-neutral strategy. Peer analysis of ShiftPixy could also be used in its relative valuation, which is a method of valuing ShiftPixy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ShiftPixy Market Strength Events

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

ShiftPixy Risk Indicators

The analysis of ShiftPixy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ShiftPixy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shiftpixy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in ShiftPixy Stock

If you are still planning to invest in ShiftPixy 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 ShiftPixy's history and understand the potential risks before investing.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Fundamental Analysis
View fundamental data based on most recent published financial statements
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
CEOs Directory
Screen CEOs from public companies around the world
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges