Sep 04, 2023 | |||
◆ Closed price | |||
30.76 | -0.90% |
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◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy] | |||
◆ This week's stock price Buy-Sell strength analysis | |||
The current trend appears to be 'Rebound trend'. The OPEN-price started with a stronger upward rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker decline rate than the current trend. | |||
The overall buy-sell strength indicates that the sell strength is stronger than the buy. | |||
Assuming that the average sell strength is -100%, | |||
This week's sell strength is | -18% | | |
◆ Next week's stock price Buy-Sell strength Forecast | |||
Based on recent stock trends and technical analysis, it looks like X stock is poised for a Downtrend next week | |||
The %strength of Risk & Return next week : | -100% | ||
HIGH ~ LOW % range next week : | 1.0% | -4.9% | |
Predicted Average loss over the next 3 weeks: | -8.7% | ||
The price of X stock moves in line with the rise and fall of the stock market index with a probability of | 73% | | |
, and conversely, it moves against the stock market index trend with a probability of | 27% | | |
because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-week forecast may also change. | |||
◆ X stock price 10 Week forecast [Short-term strategy] | |||
It is expected that the overall trend movement over the next 10 weeks will follow a strong upward direction, with a ratio of 7 : 3 for the downward to upward direction, indicating a higher proportion of the downward trend. And, in terms of the expected strength of the upward and downward movements, the downward strength is higher, while the upward strength is moderate. Currently, it's in the midst of a rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and The Buy-Sell strength has changed from a weak buying flow to a strengthening buying flow again. | |||
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish zone within a few weeks. A suitable investing position is 'Neutral' for now. The appropriate selling timing is predicted to be this week or next week. | |||
The selling date is | Sep 11 | | |
A good price to sell a stock: | $ 30.93 | ||
And the appropriate buying timing is predicted to be in 9 weeks. | |||
The buying date is | Oct 30 | to | Nov 06 |
A good price to buy a stock: | $ 32.38 | ||
(Forecast may change due to changes in the Buy-Sell strength) | |||
◆ Volatility of forecast | |||
Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile. | |||
◆ Predicting the turning point of the trend | |||
The probability of a trend reversal occurring approximately 4 weeks from now, 6 weeks from now, 9 weeks from now | 69% | ||
◆ Forecast of Upper~Lower price range over the next 10 weeks | |||
Price: | 28.63 | ~ | 39.43 |
% Change: | -6.9% | ~ | 28.2% |
Median price between the upper and lower prices | 34.03 | 10.6% | |
◆ Analysis of the trend zone & level% and average strength of trends | |||
For the last 30 weeks, the average trend zone & level% | Bearish | -22% | |
The Current trend zone & level% | Bearish | -11% | |
The expected average trend zone & level% for the next 10 weeks | Bearish | -29% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 47% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -73% | (Min -100%) | |
◆ Forecasting the strength of the trend and the range of the HIGH ~ LOW | |||
Trend | Strength% | HIGH | LOW |
In 1 week: Downtrend | -100% | 1.0% | -4.9% |
In 2 weeks: Downtrend | -85% | 0.8% | -3.2% |
In 3 weeks: Downtrend | -66% | 2.0% | -3.6% |
In 4 weeks: Entering a rebound trend | -34% | 2.0% | -2.6% |
In 5 weeks: Rebound trend | 48% | 49.9% | 4.8% |
In 6 weeks: Entering a downtrend | -100% | 0.9% | -3.3% |
In 7 weeks: Downtrend | -37% | 2.5% | -3.4% |
In 8 weeks: Downtrend | -89% | 2.8% | -4.3% |
In 9 weeks: Entering a rebound trend | -75% | 1.9% | -3.1% |
In 10 weeks: Rebound trend | 46% | 38.9% | 4.0% |
◆ Average closing price in case of rising: | | 6.9% | |
=> HIGH ~ LOW range: | 10.3% | ~ | -1.3% |
◆ Average closing price in case of falling: | | -6.1% | |
=> HIGH ~ LOW range: | 3.3% | ~ | -7.8% |
The 10-week forecast and technical analysis of X stock are conducted based on the analysis of buy-sell strength by the pretiming method. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis. | |||
