BIST METAL Daily Balance Of Power

XMESY -- Turkey Index  

 144,410  53.00  0.0367%

Investors can use prediction functions to forecast BIST METAL historic prices and determine the direction of BIST METAL ESYA MAKINA 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 BIST METAL historical fundamentals such as revenue growth or operating cash flow patterns. See also Your Current Watchlist.
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BIST METAL ESYA MAKINA has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of BIST METAL ESYA MAKINA market sensitivity to bulls and bears. It estimates the ability of BIST METAL buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring BIST METAL Balance of Power indicator one can determine a trend of the price direction.
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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.Compare BIST METAL to competition
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