On December 18, 2024 Mingzhu Logistics Holdings had Accumulation Distribution of 6968.53. The accumulation distribution (A/D) indicator shows the degree to which Mingzhu Logistics is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Mingzhu Logistics Holdings to determine if accumulation or reduction is taking place in the market. This value is adjusted by Mingzhu Logistics trading volume to give more weight to distributions with higher volume over lower volume.
On December 19 2024 Mingzhu Logistics Holdings was traded for 0.95 at the closing time. The top price for the day was 1.06 and the lowest listed price was 0.95 . The trading volume for the day was 11.2 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 7.77% . The trading delta at closing time against the current closing price is 10.68% .
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
For every potential investor in Mingzhu, whether a beginner or expert, Mingzhu Logistics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mingzhu Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mingzhu. Basic forecasting techniques help filter out the noise by identifying Mingzhu Logistics' price trends.
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 Mingzhu Logistics stock to make a market-neutral strategy. Peer analysis of Mingzhu Logistics could also be used in its relative valuation, which is a method of valuing Mingzhu Logistics by comparing valuation metrics with similar companies.
Mingzhu Logistics 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 Mingzhu Logistics' 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 Mingzhu Logistics' current price.
Market strength indicators help investors to evaluate how Mingzhu Logistics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mingzhu Logistics shares will generate the highest return on investment. By undertsting and applying Mingzhu Logistics stock market strength indicators, traders can identify Mingzhu Logistics Holdings entry and exit signals to maximize returns.
The analysis of Mingzhu Logistics' 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 Mingzhu Logistics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mingzhu 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.
When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' 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 Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.