Sun Country Stock Forecast - Daily Balance Of Power

SNCY Stock  USD 14.70  0.23  1.59%   
Sun Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to rise to 102.91 in 2024. Payables Turnover is likely to rise to 14.36 in 2024. Common Stock Shares Outstanding is likely to rise to about 64.5 M in 2024. Net Income Applicable To Common Shares is likely to rise to about 35.8 M in 2024.

Open Interest Against 2024-12-20 Sun Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Sun Country'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 Sun Country's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sun Country 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 Sun Country's open interest, investors have to compare it to Sun Country'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 Sun Country 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 Sun. 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.
On November 20, 2024 Sun Country Airlines had Daily Balance Of Power of 0.6795. Balance of Power indicator (or BOP) measures the strength of Sun Country Airlines market sensitivity to bulls and bears. It estimates the ability of Sun Country buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Sun Country Balance of Power indicator one can determine a trend of the price direction.
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Sun Country Trading Date Momentum

On November 21 2024 Sun Country Airlines was traded for  13.91  at the closing time. The top price for the day was 14.12  and the lowest listed price was  13.81 . The trading volume for the day was 410.2 K. The trading history from November 21, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.50% . The trading price change against the current closing price is 0.43% .
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 Sun Country

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

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 Risk & Return  Correlation

Sun Country Airlines 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 Sun Country'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 Sun Country's current price.

Sun Country Market Strength Events

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

Sun Country Risk Indicators

The analysis of Sun Country'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 Sun Country's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sun 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Sun Stock Analysis

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