On October 21, 2024 DMC Mining had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of DMC Mining market sensitivity to bulls and bears. It estimates the ability of DMC Mining buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring DMC Mining Balance of Power indicator one can determine a trend of the price direction.
On October 22 2024 DMC Mining was traded for 0.06 at the closing time. The maximum traded price for the trading interval was 0.06 and the lowest daily price was 0.06 . There was no trading activity during the period 1.0. Lack of trading volume on 22nd of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% .
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.
For every potential investor in DMC, whether a beginner or expert, DMC Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. DMC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in DMC. Basic forecasting techniques help filter out the noise by identifying DMC Mining's price trends.
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Market strength indicators help investors to evaluate how DMC Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading DMC Mining shares will generate the highest return on investment. By undertsting and applying DMC Mining stock market strength indicators, traders can identify DMC Mining entry and exit signals to maximize returns.
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When running DMC Mining's price analysis, check to measure DMC Mining'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 DMC Mining is operating at the current time. Most of DMC Mining's value examination focuses on studying past and present price action to predict the probability of DMC Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DMC Mining's price. Additionally, you may evaluate how the addition of DMC Mining to your portfolios can decrease your overall portfolio volatility.