iPath Pure Daily Balance Of Power

BCM -- USA Etf  

USD 27.09  0.11  0.41%

Investors can use this prediction interface to forecast iPath Pure historic prices and determine the direction of iPath Pure Beta Broad Commodity ETN future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of iPath Pure historical fundamentals such as revenue growth or operating cash flow patterns. Check also Historical Fundamental Analysis of iPath Pure to cross-verify your projections.
iPath Pure Beta Broad Commodity ETN has current Daily Balance Of Power of 2.509174. Balance of Power indicator (or BOP) measures the strength of iPath Pure Beta Broad Commodity ETN market sensitivity to bulls and bears. It estimates the ability of iPath Pure buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring iPath Pure Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
Check iPath Pure Volatility | Backtest iPath Pure | Information Ratio  

iPath Pure Trading Date Momentum

On December 13 2018 iPath Pure Beta Broad Commodity ETN was traded for 27.09  at the closing time. Highest iPath Pure's price during the trading hours was 27.09  and the lowest price during the day was  27.05 . The net volume was 811. The overall trading history on 13 of December had no short-term effect on price fluctuation. The trading date delta to current price is 0.05% .
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 iPath Pure to competition
Search macroaxis.com