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 Price Action Indicator of 0. 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.
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% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.