Churchill Downs (Germany) Momentum Indicators Average Directional Movement Index Rating

CHR Stock   133.00  1.00  0.76%   
Churchill Downs momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Churchill Downs. Churchill Downs 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 Churchill Downs are pattern recognition functions that provide distinct formation on Churchill Downs 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Churchill Downs is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Churchill Downs ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Churchill Downs Technical Analysis Modules

Most technical analysis of Churchill Downs 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 Churchill from various momentum indicators to cycle indicators. When you analyze Churchill 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 Churchill Downs 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 Churchill Downs Incorporated. We use our internally-developed statistical techniques to arrive at the intrinsic value of Churchill Downs Incorporated based on widely used predictive technical indicators. In general, we focus on analyzing Churchill Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Churchill Downs'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 Churchill Downs's intrinsic value. In addition to deriving basic predictive indicators for Churchill Downs, we also check how macroeconomic factors affect Churchill Downs price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Churchill Downs' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
131.36133.00134.64
Details
Intrinsic
Valuation
LowRealHigh
106.09107.73146.30
Details
Naive
Forecast
LowNextHigh
130.69132.34133.98
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
122.89130.06137.22
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Churchill Downs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Churchill Downs' short interest history, or implied volatility extrapolated from Churchill Downs options trading.

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Additional Tools for Churchill Stock Analysis

When running Churchill Downs' price analysis, check to measure Churchill Downs' 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 Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.