On December 9, 2024 MDU Resources Group had Daily Balance Of Power of (0.68). Balance of Power indicator (or BOP) measures the strength of MDU Resources Group market sensitivity to bulls and bears. It estimates the ability of MDU Resources buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring MDU Resources Balance of Power indicator one can determine a trend of the price direction.
On December 10 2024 MDU Resources Group was traded for 18.85 at the closing time. Highest MDU Resources's price during the trading hours was 19.05 and the lowest price during the day was 18.79 . The net volume was 1.4 M. The overall trading history on the 10th of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.58% . The trading delta at closing time to current price is 0.53% .
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 MDU, whether a beginner or expert, MDU Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MDU Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MDU. Basic forecasting techniques help filter out the noise by identifying MDU Resources' price trends.
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 MDU Resources stock to make a market-neutral strategy. Peer analysis of MDU Resources could also be used in its relative valuation, which is a method of valuing MDU Resources by comparing valuation metrics with similar companies.
MDU Resources Group 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 MDU Resources' 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 MDU Resources' current price.
Market strength indicators help investors to evaluate how MDU Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MDU Resources shares will generate the highest return on investment. By undertsting and applying MDU Resources stock market strength indicators, traders can identify MDU Resources Group entry and exit signals to maximize returns.
The analysis of MDU Resources' 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 MDU Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mdu 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.
Thematic Opportunities
Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When running MDU Resources' price analysis, check to measure MDU Resources' 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 MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.