Goodtech Stock Forecast - Accumulation Distribution

GOD Stock  NOK 10.30  0.20  1.90%   
Goodtech Stock Forecast is based on your current time horizon.
  
On October 17, 2024 Goodtech had Accumulation Distribution of 133.89. The accumulation distribution (A/D) indicator shows the degree to which Goodtech is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Goodtech to determine if accumulation or reduction is taking place in the market. This value is adjusted by Goodtech trading volume to give more weight to distributions with higher volume over lower volume.
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Goodtech Trading Date Momentum

On October 18 2024 Goodtech was traded for  11.75  at the closing time. The maximum traded price for the trading interval was 12.05  and the lowest daily price was  11.65 . The daily volume was recorded at 29.9 K. The volume of trading on 18th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.29% . The overall trading delta to the closing price today is 6.17% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Goodtech

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

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

Goodtech 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 Goodtech'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 Goodtech's current price.

Goodtech Market Strength Events

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

Goodtech Risk Indicators

The analysis of Goodtech'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 Goodtech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goodtech 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 Goodtech Stock

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