Rackspace Technology Stock Forecast - Daily Balance Of Power
| RXT Stock | USD 2.68 0.04 1.52% |
Rackspace Stock Forecast is based on your current time horizon.
Rackspace |
Open Interest Against 2024-12-20 Rackspace Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Rackspace Technology's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Rackspace Technology's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Rackspace Technology stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Rackspace Technology's open interest, investors have to compare it to Rackspace Technology's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Rackspace Technology is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Rackspace. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6875 | (0.27) |
| Check Rackspace Technology Volatility | Backtest Rackspace Technology | Trend Details |
Rackspace Technology Trading Date Momentum
| On December 26 2023 Rackspace Technology was traded for 1.96 at the closing time. Highest Rackspace Technology's price during the trading hours was 2.00 and the lowest price during the day was 1.79 . The net volume was 1.2 M. The overall trading history on the 26th of December contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 10.11% . The trading delta at closing time to current price is 10.11% . |
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 Rackspace Technology
For every potential investor in Rackspace, whether a beginner or expert, Rackspace Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Rackspace Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Rackspace. Basic forecasting techniques help filter out the noise by identifying Rackspace Technology's price trends.View Rackspace Technology Related Equities
| Risk & Return | Correlation |
Rackspace Technology 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 Rackspace Technology'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 Rackspace Technology's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
Rackspace Technology Market Strength Events
Market strength indicators help investors to evaluate how Rackspace Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Rackspace Technology shares will generate the highest return on investment. By undertsting and applying Rackspace Technology stock market strength indicators, traders can identify Rackspace Technology entry and exit signals to maximize returns.
Rackspace Technology Risk Indicators
The analysis of Rackspace Technology'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 Rackspace Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting rackspace 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.
| Mean Deviation | 3.08 | |||
| Semi Deviation | 4.0 | |||
| Standard Deviation | 4.14 | |||
| Variance | 17.11 | |||
| Downside Variance | 20.18 | |||
| Semi Variance | 16.03 | |||
| Expected Short fall | (3.43) |
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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Additional Tools for Rackspace Stock Analysis
When running Rackspace Technology's price analysis, check to measure Rackspace Technology's 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 Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.