Investors can use this prediction interface to forecast NASDAQ Italy historic prices and determine the direction of NASDAQ Italy 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 NASDAQ Italy historical fundamentals such as revenue growth or operating cash flow patterns. See also fundamental analysis of NASDAQ Italy to check your projections.
NASDAQ Italy has current Daily Balance Of Power of 0. Balance of Power indicator (or BOP) measures the strength of NASDAQ Italy market sensitivity to bulls and bears. It estimates the ability of NASDAQ Italy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring NASDAQ Italy Balance of Power indicator one can determine a trend of the price direction.
On October 18 2019 NASDAQ Italy was traded for 1,125 at the closing time. The highest daily price throughout the period was 1,126 and the lowest price was 1,125 . There was no trading activity during the period 1.0. Lack of trading volume on 10/18/2019 did not cause price change. The trading delta at closing time to current closing price is 0.06% .
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.