Skywater Technology Stock Forecast - Daily Balance Of Power

SKYT Stock  USD 16.22  3.14  24.01%   
Skywater Stock Forecast is based on your current time horizon.
  
At this time, Skywater Technology's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 4.46 in 2024, whereas Payables Turnover is likely to drop 9.27 in 2024. . Common Stock Shares Outstanding is likely to drop to about 44.9 M in 2024. Net Loss is likely to drop to about (37.4 M) in 2024.
On November 26, 2024 Skywater Technology had Daily Balance Of Power of (0.73). Balance of Power indicator (or BOP) measures the strength of Skywater Technology market sensitivity to bulls and bears. It estimates the ability of Skywater Technology buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Skywater Technology Balance of Power indicator one can determine a trend of the price direction.
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Skywater Technology Trading Date Momentum

On November 27 2024 Skywater Technology was traded for  7.91  at the closing time. The top price for the day was 8.28  and the lowest listed price was  7.75 . The trading volume for the day was 424.5 K. The trading history from November 27, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.42% . The trading price change against the current closing price is 2.32% .
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 Skywater Technology

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

Skywater Technology 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 Skywater Technology stock to make a market-neutral strategy. Peer analysis of Skywater Technology could also be used in its relative valuation, which is a method of valuing Skywater Technology by comparing valuation metrics with similar companies.
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Skywater Technology 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 Skywater Technology'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 Skywater Technology's current price.

Skywater Technology Market Strength Events

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

Skywater Technology Risk Indicators

The analysis of Skywater Technology'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 Skywater Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting skywater 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.

Thematic Opportunities

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Additional Tools for Skywater Stock Analysis

When running Skywater Technology's price analysis, check to measure Skywater Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skywater Technology is operating at the current time. Most of Skywater Technology's value examination focuses on studying past and present price action to predict the probability of Skywater Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skywater Technology's price. Additionally, you may evaluate how the addition of Skywater Technology to your portfolios can decrease your overall portfolio volatility.