Thyssenkrupp Stock Forecast - Daily Balance Of Power

TKA1 Stock  EUR 3.80  0.04  1.04%   
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 November 28, 2024 thyssenkrupp AG had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of thyssenkrupp AG market sensitivity to bulls and bears. It estimates the ability of Thyssenkrupp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Thyssenkrupp Balance of Power indicator one can determine a trend of the price direction.
Check Thyssenkrupp VolatilityBacktest ThyssenkruppTrend Details  

Thyssenkrupp Trading Date Momentum

On November 29 2024 thyssenkrupp AG was traded for  3.78  at the closing time. The maximum traded price for the trading interval was 3.78  and the lowest daily price was  3.78 . The daily volume was recorded at 30.0. The volume of trading on 29th of November 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 1.07% . The trading date delta to the closing price today 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.
Compare Thyssenkrupp to competition

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.
 Risk & Return  Correlation

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.

Currently Active Assets on Macroaxis

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.