Investors can use this prediction interface to forecast FALCO RESOURCES historic prices and determine the direction of FALCO RESOURCES 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 FALCO RESOURCES historical fundamentals such as revenue growth or operating cash flow patterns. Additionally see Historical Fundamental Analysis of FALCO RESOURCES to cross-verify your projections.
On September 18, 2019 FALCO RESOURCES LTD had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of FALCO RESOURCES LTD market sensitivity to bulls and bears. It estimates the ability of FALCO RESOURCES buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring FALCO RESOURCES Balance of Power indicator one can determine a trend of the price direction.
On September 19 2019 FALCO RESOURCES LTD was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.15 . There was no trading activity during the period 1.0. Lack of trading volume on 09/19/2019 did not affect price variability. The overall trading delta to current closing price is 13.33% .
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.