WOOLWORTHS HDGS Stock Forecast - Daily Balance Of Power

WN30 Stock   2.98  0.02  0.68%   
Investors can use prediction functions to forecast WOOLWORTHS HDGS's stock prices and determine the direction of WOOLWORTHS HDGS GDR's future trends based on various well-known forecasting models. However, exclusively looking at the historical price movement is usually misleading. We recommend always using this module together with an analysis of WOOLWORTHS HDGS's historical fundamentals, such as revenue growth or operating cash flow patterns. Check out Your Current Watchlist 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 board of governors.
  
WOOLWORTHS HDGS GDR has current Daily Balance Of Power of 9.2 T. Balance of Power indicator (or BOP) measures the strength of WOOLWORTHS HDGS GDR market sensitivity to bulls and bears. It estimates the ability of WOOLWORTHS HDGS buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring WOOLWORTHS HDGS Balance of Power indicator one can determine a trend of the price direction.
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WOOLWORTHS HDGS Trading Date Momentum

On January 22 2025 WOOLWORTHS HDGS GDR was traded for  2.98  at the closing time. The maximum traded price for the trading interval was 2.98  and the lowest daily price was  2.98 . There was no trading activity during the period 0.0. Lack of trading volume on 22nd of January 2025 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.00% .
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 WOOLWORTHS HDGS

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

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

WOOLWORTHS HDGS GDR 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 WOOLWORTHS HDGS'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 WOOLWORTHS HDGS's current price.

WOOLWORTHS HDGS Market Strength Events

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

WOOLWORTHS HDGS Risk Indicators

The analysis of WOOLWORTHS HDGS'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 WOOLWORTHS HDGS's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting woolworths 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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