Meituan Stock Forecast - Period Momentum Indicator

9MD Stock  EUR 20.00  0.47  2.30%   
Meituan Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Meituan's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 3, 2024 Meituan had Period Momentum Indicator of (0.10). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check Meituan VolatilityBacktest MeituanTrend Details  

Meituan Trading Date Momentum

On December 04 2024 Meituan was traded for  20.00  at the closing time. The highest daily price throughout the period was 20.10  and the lowest price was  19.91 . There was no trading activity during the period 0.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 0.50% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
Compare Meituan to competition

Other Forecasting Options for Meituan

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

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

Meituan 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 Meituan'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 Meituan's current price.

Meituan Market Strength Events

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

Meituan Risk Indicators

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

Currently Active Assets on Macroaxis

Other Information on Investing in Meituan Stock

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