Citycon Oyj Stock Forecast - Daily Balance Of Power

TY2B Stock  EUR 3.13  0.05  1.57%   
Citycon Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Citycon Oyj's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On November 6, 2024 Citycon Oyj had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Citycon Oyj market sensitivity to bulls and bears. It estimates the ability of Citycon Oyj buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Citycon Oyj Balance of Power indicator one can determine a trend of the price direction.
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Citycon Oyj Trading Date Momentum

On November 07 2024 Citycon Oyj was traded for  3.53  at the closing time. The maximum traded price for the trading interval was 3.53  and the lowest daily price was  3.34 . The daily volume was recorded at 800. The volume of trading on 7th of November 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 4.75% . The overall trading delta to the closing price today is 3.26% .
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 Citycon Oyj

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

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

Citycon Oyj Market Strength Events

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

Citycon Oyj Risk Indicators

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

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