Svenska Cellulosa Stock Forecast - Price Action Indicator

SCA-B Stock  SEK 145.70  1.25  0.87%   
Svenska Stock Forecast is based on your current time horizon.
  
On December 3, 2024 Svenska Cellulosa Aktiebolaget had Price Action Indicator of 0.95. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
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Svenska Cellulosa Trading Date Momentum

On December 04 2024 Svenska Cellulosa Aktiebolaget was traded for  145.70  at the closing time. The highest price during the trading period was 146.00  and the lowest recorded bid was listed for  143.50 . The volume for the day was 912.9 K. This history from December 4, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.87% . The trading price change to the current price is 0.24% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Svenska Cellulosa

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

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

Svenska Cellulosa Market Strength Events

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

Svenska Cellulosa Risk Indicators

The analysis of Svenska Cellulosa'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 Svenska Cellulosa's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting svenska 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

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Additional Tools for Svenska Stock Analysis

When running Svenska Cellulosa's price analysis, check to measure Svenska Cellulosa'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 Svenska Cellulosa is operating at the current time. Most of Svenska Cellulosa's value examination focuses on studying past and present price action to predict the probability of Svenska Cellulosa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Svenska Cellulosa's price. Additionally, you may evaluate how the addition of Svenska Cellulosa to your portfolios can decrease your overall portfolio volatility.