SUPER GROUP Stock Forecast - Daily Balance Of Power

S8G1 Stock  EUR 1.52  0.00  0.00%   
SUPER Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of SUPER GROUP's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On August 30, 2023 SUPER GROUP LTD had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of SUPER GROUP LTD market sensitivity to bulls and bears. It estimates the ability of SUPER GROUP buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring SUPER GROUP Balance of Power indicator one can determine a trend of the price direction.
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SUPER GROUP Trading Date Momentum

On August 31 2023 SUPER GROUP LTD was traded for  0.43  at the closing time. The maximum traded price for the trading interval was 0.45  and the lowest daily price was  0.43 . There was no trading activity during the period 1.0. Lack of trading volume on 31st of August 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 2.27% . The trading price change to the closing price today is 2.27% .
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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Other Forecasting Options for SUPER GROUP

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

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

SUPER GROUP LTD 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 SUPER GROUP'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 SUPER GROUP's current price.

SUPER GROUP Market Strength Events

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

SUPER GROUP Risk Indicators

The analysis of SUPER GROUP'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 SUPER GROUP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting super 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 SUPER Stock

SUPER GROUP financial ratios help investors to determine whether SUPER 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 SUPER with respect to the benefits of owning SUPER GROUP security.