Brainsway Stock Forecast - Price Action Indicator
| BWAY Stock | USD 5.33 0.07 1.30% |
Brainsway Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Brainsway stock prices and determine the direction of Brainsway's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Brainsway's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Brainsway's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Brainsway's systematic risk associated with finding meaningful patterns of Brainsway fundamentals over time.
Check out Historical Fundamental Analysis of Brainsway to cross-verify your projections. Brainsway |
Most investors in Brainsway 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 Brainsway's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Brainsway's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.075 | (0.08) |
| Check Brainsway Volatility | Backtest Brainsway | Trend Details |
Brainsway Trading Date Momentum
| On January 02 2024 Brainsway was traded for 7.22 at the closing time. The top price for the day was 7.47 and the lowest listed price was 6.63 . The trading volume for the day was 388.5 K. The trading history from January 2, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 11.42% . The overall trading delta against the current closing price is 10.19% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Brainsway to competition |
Other Forecasting Options for Brainsway
For every potential investor in Brainsway, whether a beginner or expert, Brainsway's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Brainsway Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Brainsway. Basic forecasting techniques help filter out the noise by identifying Brainsway's price trends.Brainsway 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 Brainsway stock to make a market-neutral strategy. Peer analysis of Brainsway could also be used in its relative valuation, which is a method of valuing Brainsway by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Brainsway 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 Brainsway's 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 Brainsway's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Brainsway Market Strength Events
Market strength indicators help investors to evaluate how Brainsway stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brainsway shares will generate the highest return on investment. By undertsting and applying Brainsway stock market strength indicators, traders can identify Brainsway entry and exit signals to maximize returns.
| Accumulation Distribution | 8099.31 | |||
| Daily Balance Of Power | (0.27) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 5.38 | |||
| Day Typical Price | 5.36 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.07) |
Brainsway Risk Indicators
The analysis of Brainsway's 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 Brainsway's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting brainsway 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.
| Mean Deviation | 2.53 | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.54 |
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.
Also Currently Popular
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 determining whether Brainsway offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brainsway's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brainsway Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brainsway Stock:Check out Historical Fundamental Analysis of Brainsway to cross-verify your projections. For more information on how to buy Brainsway Stock please use our How to Invest in Brainsway guide.Note that the Brainsway information on this page should be used as a complementary analysis to other Brainsway's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for Brainsway Stock analysis
When running Brainsway's price analysis, check to measure Brainsway'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 Brainsway is operating at the current time. Most of Brainsway's value examination focuses on studying past and present price action to predict the probability of Brainsway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brainsway's price. Additionally, you may evaluate how the addition of Brainsway to your portfolios can decrease your overall portfolio volatility.
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Is Brainsway's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brainsway. If investors know Brainsway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brainsway listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 2.06 | Quarterly Revenue Growth 0.373 | Return On Assets (0.01) | Return On Equity (0.04) |
The market value of Brainsway is measured differently than its book value, which is the value of Brainsway that is recorded on the company's balance sheet. Investors also form their own opinion of Brainsway's value that differs from its market value or its book value, called intrinsic value, which is Brainsway's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brainsway's market value can be influenced by many factors that don't directly affect Brainsway's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brainsway's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brainsway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brainsway's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.