Eguana Technologies Stock Forecast - Daily Balance Of Power

EGT Stock  CAD 0.01  0.00  0.00%   
Eguana Stock Forecast is based on your current time horizon.
  
At this time, Eguana Technologies' Inventory Turnover is fairly stable compared to the past year. Payables Turnover is likely to climb to 3.09 in 2024, whereas Receivables Turnover is likely to drop 0.85 in 2024. . Common Stock Shares Outstanding is likely to climb to about 471.4 M in 2024, whereas Net Loss is likely to drop (9.7 M) in 2024.
On October 18, 2024 Eguana Technologies had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Eguana Technologies market sensitivity to bulls and bears. It estimates the ability of Eguana Technologies buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eguana Technologies Balance of Power indicator one can determine a trend of the price direction.
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Eguana Technologies Trading Date Momentum

On October 21 2024 Eguana Technologies was traded for  0.01  at the closing time. The highest daily price throughout the period was 0.01  and the lowest price was  0.01 . The daily volume was 45 K. The net trading volume on 10/21/2024 did not affect price variability. The overall trading delta to current closing price 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.
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Other Forecasting Options for Eguana Technologies

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

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

Eguana Technologies Market Strength Events

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

Thematic Opportunities

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Additional Tools for Eguana Stock Analysis

When running Eguana Technologies' price analysis, check to measure Eguana Technologies' 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 Eguana Technologies is operating at the current time. Most of Eguana Technologies' value examination focuses on studying past and present price action to predict the probability of Eguana Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eguana Technologies' price. Additionally, you may evaluate how the addition of Eguana Technologies to your portfolios can decrease your overall portfolio volatility.