Grupo Bimbo (Mexico) Momentum Indicators Average Directional Movement Index Rating

BIMBOA Stock  MXN 60.93  0.07  0.11%   
Grupo Bimbo momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Grupo Bimbo. Grupo Bimbo value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Grupo Bimbo are pattern recognition functions that provide distinct formation on Grupo Bimbo potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was seven with a total number of output elements of fifty-four. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Grupo Bimbo SAB is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Grupo Bimbo ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Grupo Bimbo Technical Analysis Modules

Most technical analysis of Grupo Bimbo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Grupo from various momentum indicators to cycle indicators. When you analyze Grupo 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.

About Grupo Bimbo Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Grupo Bimbo SAB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grupo Bimbo SAB based on widely used predictive technical indicators. In general, we focus on analyzing Grupo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grupo Bimbo's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Grupo Bimbo's intrinsic value. In addition to deriving basic predictive indicators for Grupo Bimbo, we also check how macroeconomic factors affect Grupo Bimbo price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
59.0560.9362.81
Details
Intrinsic
Valuation
LowRealHigh
49.5151.3967.02
Details
Naive
Forecast
LowNextHigh
57.2259.1160.99
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
60.8960.9561.02
Details

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Other Information on Investing in Grupo Stock

Grupo Bimbo financial ratios help investors to determine whether Grupo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Grupo with respect to the benefits of owning Grupo Bimbo security.