Xiaomi Stock Forecast - Price Action Indicator

3CP Stock  EUR 3.52  0.01  0.28%   
Xiaomi Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Xiaomi's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 3, 2024 Xiaomi had Price Action Indicator of (0.02). 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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Xiaomi Trading Date Momentum

On December 04 2024 Xiaomi was traded for  3.52  at the closing time. The highest daily price throughout the period was 3.56  and the lowest price was  3.51 . The daily volume was 76.4 K. The net trading volume on 12/04/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 0.28% . The trading price change to current closing price is 0.28% .
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 Xiaomi

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

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

Xiaomi 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 Xiaomi'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 Xiaomi's current price.

Xiaomi Market Strength Events

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

Xiaomi Risk Indicators

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

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