Investors can use this prediction interface to forecast Taylor Wimpey historic prices and determine the direction of Taylor Wimpey Plc ADR 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 Taylor Wimpey historical fundamentals such as revenue growth or operating cash flow patterns. Also please take a look at Historical Fundamental Analysis of Taylor Wimpey to cross-verify your projections.
On August 19, 2019 Taylor Wimpey Plc ADR had Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of Taylor Wimpey Plc ADR market sensitivity to bulls and bears. It estimates the ability of Taylor Wimpey buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Taylor Wimpey Balance of Power indicator one can determine a trend of the price direction.
On August 20 2019 Taylor Wimpey Plc ADR was traded for 20.10 at the closing time. The highest daily price throughout the period was 20.10 and the lowest price was 20.10 . There was no trading activity during the period 1.0. Lack of trading volume on 08/20/2019 did not result in any price rise and fall. The trading price change to current closing price is 9.60% .
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.