Jmicron Technology Stock Forecast - Period Momentum Indicator

4925 Stock  TWD 78.40  0.30  0.38%   
Jmicron Stock Forecast is based on your current time horizon.
  
Jmicron Technology has current Period Momentum Indicator of 0.3.
Most investors in Jmicron Technology cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Jmicron Technology's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Jmicron Technology's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Jmicron Technology Trading Date Momentum

On June 17 2024 Jmicron Technology was traded for  78.40  at the closing time. The highest price during the trading period was 78.90  and the lowest recorded bid was listed for  77.70 . There was no trading activity during the period 0.0. Lack of trading volume on June 17, 2024 did not cause price change. The trading delta at closing time to the current price is 0.38% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Jmicron Technology 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 Jmicron Technology stock to make a market-neutral strategy. Peer analysis of Jmicron Technology could also be used in its relative valuation, which is a method of valuing Jmicron Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Jmicron Technology Market Strength Events

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

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Additional Tools for Jmicron Stock Analysis

When running Jmicron Technology's price analysis, check to measure Jmicron Technology's 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 Jmicron Technology is operating at the current time. Most of Jmicron Technology's value examination focuses on studying past and present price action to predict the probability of Jmicron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jmicron Technology's price. Additionally, you may evaluate how the addition of Jmicron Technology to your portfolios can decrease your overall portfolio volatility.