Magni Tech Stock Forecast - Price Action Indicator

7087 Stock   2.86  0.02  0.69%   
Magni Stock Forecast is based on your current time horizon.
  
On December 13, 2024 Magni Tech Industries 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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Magni Tech Trading Date Momentum

On December 14 2024 Magni Tech Industries was traded for  2.86  at the closing time. The highest price during the trading period was 2.88  and the lowest recorded bid was listed for  2.86 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not cause price change. The trading delta at closing time to the current price is 0.70% .
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 Magni Tech

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

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

Magni Tech Industries 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 Magni Tech'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 Magni Tech's current price.

Magni Tech Market Strength Events

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

Magni Tech Risk Indicators

The analysis of Magni Tech'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 Magni Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magni 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Magni Stock

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