EnviTec Biogas Stock Forecast - Daily Balance Of Power

ETG Stock  EUR 29.90  0.60  1.97%   
EnviTec Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of EnviTec Biogas' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 14, 2024 EnviTec Biogas AG had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of EnviTec Biogas AG market sensitivity to bulls and bears. It estimates the ability of EnviTec Biogas buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring EnviTec Biogas Balance of Power indicator one can determine a trend of the price direction.
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EnviTec Biogas Trading Date Momentum

On December 13 2024 EnviTec Biogas AG was traded for  29.90  at the closing time. The highest daily price throughout the period was 29.90  and the lowest price was  29.90 . The daily volume was 5.0. The net trading volume on 12/13/2024 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 EnviTec Biogas

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

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

EnviTec Biogas Market Strength Events

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

EnviTec Biogas Risk Indicators

The analysis of EnviTec Biogas' 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 EnviTec Biogas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting envitec 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.

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Other Information on Investing in EnviTec Stock

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