Investors can use this prediction interface to forecast Bharat Immunologicals historic prices and determine the direction of Bharat Immunologicals Biologicals Corp Ltd 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 Bharat Immunologicals historical fundamentals such as revenue growth or operating cash flow patterns. Check also Historical Fundamental Analysis of Bharat Immunologicals to cross-verify your projections.
On April 15, 2019 Bharat Immunologicals Biologicals Corp Ltd had Daily Balance Of Power of (0.95). Balance of Power indicator (or BOP) measures the strength of Bharat Immunologicals Biologicals Corp Ltd market sensitivity to bulls and bears. It estimates the ability of Bharat Immunologicals buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Bharat Immunologicals Balance of Power indicator one can determine a trend of the price direction.
On April 16 2019 Bharat Immunologicals Biologicals Corp Ltd was traded for 8.83 at the closing time. The highest price during the trading period was 9.19 and the lowest recorded bid was listed for 8.60 . The volume for the day was 36 K. This history from April 16, 2019 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.56% . The overall trading delta to the current price is 3.72% .
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.