Thai Steel Stock Forecast - Accumulation Distribution

TSC Stock  THB 14.90  0.10  0.68%   
Thai Stock Forecast is based on your current time horizon.
  
Thai Steel Cable has current Accumulation Distribution of 0.0067. The accumulation distribution (A/D) indicator shows the degree to which Thai Steel is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Thai Steel Cable to determine if accumulation or reduction is taking place in the market. This value is adjusted by Thai Steel trading volume to give more weight to distributions with higher volume over lower volume.
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Thai Steel Trading Date Momentum

On December 03 2024 Thai Steel Cable was traded for  14.90  at the closing time. The maximum traded price for the trading interval was 14.90  and the lowest daily price was  14.80 . There was no trading activity during the period 0.0. Lack of trading volume on 3rd of December 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Thai Steel

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

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

Thai Steel Market Strength Events

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

Thai Steel Risk Indicators

The analysis of Thai Steel'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 Thai Steel's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thai 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 Thai Stock

Thai Steel financial ratios help investors to determine whether Thai 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 Thai with respect to the benefits of owning Thai Steel security.