In mid – July, EA leading indicators predicted there would be a downward trend with the stock. This was during a positive cycle with the trend.
The stock fell, then appeared as if it was going to recover, moving into an upward trend. Despite the appearances, EA leading indicators continued to highlight a negative zone with the stock, showing it was highly volatile and likely to fall again.
On August 30th, the stock fell by over 9%. This followed the several predictions and the trends which the EA leading indicators highlighted, all which were able to show how the stock was going to move in the market.
The EA leading indicators used a fractal algorithm, specifically which identified the turns in the market with stock price, volume and relevant data. From these several pieces of information, it is able to accurately predict the next turn before it occurs.
For traders and investors using the EA leading indicators, there was the ability to change position before the turn, assisting with profitability, despite the volatility in the market.
Data leading to EA’s Decline
The 9% decline in the market from EA stock was related to several different pieces of data and statistics which confirmed today’s position as well as the continuous negative cycle that the stock was in.
Over the past year, there has been an increase in the market for EA stock by 11%. However, the last 3 months have seen a decrease by 13%, showing the same turn in the market.
Many analysts are stating that the volume of the stock is overweight, another indication in the market that the EA stock needs to decline and rebalance before changing position.
The EA stock is also related to the product sales. The delay in releasing a new video game as well as the declining interest in some of the venues of EA for entertainment may have added up to the stock turn.
What’s Next for EA Stock
The combination of declining stock price with the product issues are some of the many pieces of data which are showcasing the decline in EA stock.
With this slope, many are wondering how long the stock will remain volatile as well as what the next turn will be for the stock.
The EA leading indicators still show a purple sign, also indicative of a negative trend, that is following today’s gap. This shows that there may not be a fast recovery.
The EA leading indicators are continuing to read the market, providing accurate predictions about the stock as well as what the next expected turns are.
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