Thyssenkrupp Stock Forecast - Accumulation Distribution

TKA Stock  EUR 3.88  0.01  0.26%   
Thyssenkrupp Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Thyssenkrupp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On October 11, 2024 thyssenkrupp AG had Accumulation Distribution of 31.53. The accumulation distribution (A/D) indicator shows the degree to which Thyssenkrupp is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of thyssenkrupp AG to determine if accumulation or reduction is taking place in the market. This value is adjusted by Thyssenkrupp trading volume to give more weight to distributions with higher volume over lower volume.
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Thyssenkrupp Trading Date Momentum

On October 14 2024 thyssenkrupp AG was traded for  3.20  at the closing time. The highest daily price throughout the period was 3.29  and the lowest price was  3.17 . The daily volume was 10.3 K. The net trading volume on 10/14/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.23% . The trading date delta to current closing price is 3.40% .
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 Thyssenkrupp

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

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

Thyssenkrupp Market Strength Events

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

Thyssenkrupp Risk Indicators

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

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