Euro Tech Stock Forecast - Daily Balance Of Power

CLWT Stock  USD 1.40  0.06  4.11%   
Euro Stock Forecast is based on your current time horizon.
  
At this time, Euro Tech's Payables Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 46.98 in 2024, whereas Inventory Turnover is likely to drop 15.72 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 934.6 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 6.9 M in 2024.
On May 9, 2024 Euro Tech Holdings had Daily Balance Of Power of 0.7778. Balance of Power indicator (or BOP) measures the strength of Euro Tech Holdings market sensitivity to bulls and bears. It estimates the ability of Euro Tech buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Euro Tech Balance of Power indicator one can determine a trend of the price direction.
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Euro Tech Trading Date Momentum

On May 10 2024 Euro Tech Holdings was traded for  1.69  at the closing time. The top price for the day was 1.72  and the lowest listed price was  1.60 . The trading volume for the day was 34.8 K. The trading history from May 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.74% . The overall trading delta against the current closing price is 0.58% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Euro Tech

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

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

Euro Tech Market Strength Events

Market strength indicators help investors to evaluate how Euro 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 Euro Tech shares will generate the highest return on investment. By undertsting and applying Euro Tech stock market strength indicators, traders can identify Euro Tech Holdings entry and exit signals to maximize returns.

Euro Tech Risk Indicators

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

Thematic Opportunities

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Additional Tools for Euro Stock Analysis

When running Euro Tech's price analysis, check to measure Euro Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Euro Tech is operating at the current time. Most of Euro Tech's value examination focuses on studying past and present price action to predict the probability of Euro Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euro Tech's price. Additionally, you may evaluate how the addition of Euro Tech to your portfolios can decrease your overall portfolio volatility.