Sprout Social Stock Forecast - Daily Balance Of Power
| SPT Stock | USD 29.02 0.40 1.40% |
Sprout Stock Forecast is based on your current time horizon.
Sprout |
Open Interest Against 2024-09-20 Sprout Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sprout Social's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sprout Social's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sprout Social stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sprout Social's open interest, investors have to compare it to Sprout Social's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sprout Social is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sprout. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.07) | 0.1818 |
| Check Sprout Social Volatility | Backtest Sprout Social | Trend Details |
Sprout Social Trading Date Momentum
| On March 20 2024 Sprout Social was traded for 57.33 at the closing time. Highest Sprout Social's price during the trading hours was 57.77 and the lowest price during the day was 55.11 . The net volume was 452.8 K. The overall trading history on the 20th of March contributed to the next trading period price appreciation. The trading price change to the next next day price was 3.09% . The trading price change to current price is 8.88% . |
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.
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Other Forecasting Options for Sprout Social
For every potential investor in Sprout, whether a beginner or expert, Sprout Social's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sprout Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sprout. Basic forecasting techniques help filter out the noise by identifying Sprout Social's price trends.Sprout Social 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 Sprout Social stock to make a market-neutral strategy. Peer analysis of Sprout Social could also be used in its relative valuation, which is a method of valuing Sprout Social by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sprout Social 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 Sprout Social'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 Sprout Social's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Sprout Social Market Strength Events
Market strength indicators help investors to evaluate how Sprout Social stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sprout Social shares will generate the highest return on investment. By undertsting and applying Sprout Social stock market strength indicators, traders can identify Sprout Social entry and exit signals to maximize returns.
| Accumulation Distribution | 8837.6 | |||
| Daily Balance Of Power | 0.396 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 29.4 | |||
| Day Typical Price | 29.27 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | 0.4 |
Sprout Social Risk Indicators
The analysis of Sprout Social'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 Sprout Social's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sprout 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 | 2.46 | |||
| Standard Deviation | 3.12 | |||
| Variance | 9.76 |
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.
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Additional Tools for Sprout Stock Analysis
When running Sprout Social's price analysis, check to measure Sprout Social'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 Sprout Social is operating at the current time. Most of Sprout Social's value examination focuses on studying past and present price action to predict the probability of Sprout Social's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprout Social's price. Additionally, you may evaluate how the addition of Sprout Social to your portfolios can decrease your overall portfolio volatility.