ROHM Co Stock Forecast - Price Action Indicator

ROM Stock  EUR 8.89  0.05  0.56%   
ROHM Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ROHM Co's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 29, 2024 ROHM Co had Price Action Indicator of 0. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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ROHM Co Trading Date Momentum

On December 02 2024 ROHM Co was traded for  8.79  at the closing time. The highest daily price throughout the period was 8.79  and the lowest price was  8.79 . The daily volume was 350. The net trading volume on 12/02/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.34% . The trading delta at closing time to current closing price is 0.80% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for ROHM Co

For every potential investor in ROHM, whether a beginner or expert, ROHM Co's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ROHM Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ROHM. Basic forecasting techniques help filter out the noise by identifying ROHM Co's price trends.

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

ROHM Co Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ROHM Co's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ROHM Co's current price.

ROHM Co Market Strength Events

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

ROHM Co Risk Indicators

The analysis of ROHM Co'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 ROHM Co's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rohm 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.

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Other Information on Investing in ROHM Stock

ROHM Co financial ratios help investors to determine whether ROHM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ROHM with respect to the benefits of owning ROHM Co security.