Lingyuan Iron Stock Forecast - Price Action Indicator

600231 Stock   2.01  0.04  1.95%   
Lingyuan Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Lingyuan Iron stock prices and determine the direction of Lingyuan Iron Steel's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Lingyuan Iron's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Lingyuan Iron's Long Term Debt is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 3.4 B, whereas Total Assets are forecasted to decline to about 11 B.
Lingyuan Iron Steel has current Price Action Indicator of (0.04). 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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Lingyuan Iron Trading Date Momentum

On December 02 2024 Lingyuan Iron Steel was traded for  2.01  at the closing time. The highest price during the trading period was 2.06  and the lowest recorded bid was listed for  2.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time to the current price is 2.49% .
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 Lingyuan Iron

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

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

Lingyuan Iron Steel 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 Lingyuan Iron'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 Lingyuan Iron's current price.

Lingyuan Iron Market Strength Events

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

Lingyuan Iron Risk Indicators

The analysis of Lingyuan Iron'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 Lingyuan Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lingyuan 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 Lingyuan Stock

Lingyuan Iron financial ratios help investors to determine whether Lingyuan 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 Lingyuan with respect to the benefits of owning Lingyuan Iron security.