Sayona Mining Stock Forecast - Daily Balance Of Power
| ELVR Stock | 63.33 4.58 6.74% |
Sayona Stock Forecast is based on your current time horizon.
As of today the relative strength momentum indicator of Sayona Mining's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Sayona Mining hype-based prediction, you can estimate the value of Sayona Mining Limited from the perspective of Sayona Mining response to recently generated media hype and the effects of current headlines on its competitors.
Sayona Mining after-hype prediction price | USD 66.27 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Sayona Mining to cross-verify your projections. Sayona Mining Additional Predictive Modules
Most predictive techniques to examine Sayona price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Sayona using various technical indicators. When you analyze Sayona charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.6065 | (1.21) |
| Check Sayona Mining Volatility | Backtest Sayona Mining | Information Ratio |
Sayona Mining Trading Date Momentum
| On January 15 2026 Sayona Mining Limited was traded for 63.33 at the closing time. The top price for the day was 66.00 and the lowest listed price was 62.22 . The trading volume for the day was 101.7 K. The trading history from January 15, 2026 did not result in any price rise and fall. The trading price change against the current closing price is 2.45% . |
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 Sayona Mining to competition |
Other Forecasting Options for Sayona Mining
For every potential investor in Sayona, whether a beginner or expert, Sayona Mining's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sayona Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sayona. Basic forecasting techniques help filter out the noise by identifying Sayona Mining's price trends.Sayona Mining Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sayona Mining stock to make a market-neutral strategy. Peer analysis of Sayona Mining could also be used in its relative valuation, which is a method of valuing Sayona Mining by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Sayona Mining Limited Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Sayona Mining's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Sayona Mining's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Sayona Mining Market Strength Events
Market strength indicators help investors to evaluate how Sayona Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sayona Mining shares will generate the highest return on investment. By undertsting and applying Sayona Mining stock market strength indicators, traders can identify Sayona Mining Limited entry and exit signals to maximize returns.
| Accumulation Distribution | 5826.3 | |||
| Daily Balance Of Power | (1.21) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 64.11 | |||
| Day Typical Price | 63.85 | |||
| Price Action Indicator | (3.07) | |||
| Period Momentum Indicator | (4.58) |
Sayona Mining Risk Indicators
The analysis of Sayona Mining's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Sayona Mining's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sayona stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.48 | |||
| Semi Deviation | 3.5 | |||
| Standard Deviation | 5.4 | |||
| Variance | 29.2 | |||
| Downside Variance | 18.7 | |||
| Semi Variance | 12.27 | |||
| Expected Short fall | (5.28) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Sayona Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sayona Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sayona Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Sayona Stock
| 0.68 | BHPLF | BHP Group Limited | PairCorr |
| 0.72 | BHP | BHP Group Limited | PairCorr |
| 0.7 | RIO | Rio Tinto ADR | PairCorr |
| 0.85 | RTNTF | Rio Tinto Group | PairCorr |
| 0.93 | RTPPF | Rio Tinto Group | PairCorr |
Moving against Sayona Stock
| 0.56 | MSFT | Microsoft | PairCorr |
| 0.36 | AAPL | Apple Inc | PairCorr |
| 0.32 | VRSRF | Versarien plc | PairCorr |
| 0.31 | NVDA | NVIDIA | PairCorr |
The ability to find closely correlated positions to Sayona Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sayona Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sayona Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sayona Mining Limited to buy it.
The correlation of Sayona Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sayona Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sayona Mining Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sayona Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sayona Stock Analysis
When running Sayona Mining's price analysis, check to measure Sayona Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sayona Mining is operating at the current time. Most of Sayona Mining's value examination focuses on studying past and present price action to predict the probability of Sayona Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sayona Mining's price. Additionally, you may evaluate how the addition of Sayona Mining to your portfolios can decrease your overall portfolio volatility.