Eastern Technical Stock Forecast - Daily Balance Of Power

ETE Stock  THB 0.89  0.03  3.26%   
Eastern Stock Forecast is based on your current time horizon.
  
On November 26, 2024 Eastern Technical Engineering had Daily Balance Of Power of 0.5. Balance of Power indicator (or BOP) measures the strength of Eastern Technical Engineering market sensitivity to bulls and bears. It estimates the ability of Eastern Technical buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Eastern Technical Balance of Power indicator one can determine a trend of the price direction.
Check Eastern Technical VolatilityBacktest Eastern TechnicalTrend Details  

Eastern Technical Trading Date Momentum

On November 27 2024 Eastern Technical Engineering was traded for  0.92  at the closing time. The maximum traded price for the trading interval was 0.94  and the lowest daily price was  0.91 . The daily volume was recorded at 26.9 K. The volume of trading on 27th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 1.09% .
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.
Compare Eastern Technical to competition

Other Forecasting Options for Eastern Technical

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

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

Eastern Technical 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 Eastern Technical'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 Eastern Technical's current price.

Eastern Technical Market Strength Events

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

Eastern Technical Risk Indicators

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Eastern Stock

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