Air Canada Stock Momentum Indicators Directional Movement Index

AC Stock  CAD 24.20  0.24  1.00%   
Air Canada momentum indicators tool provides the execution environment for running the Directional Movement Index indicator and other technical functions against Air Canada. Air Canada 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 Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Air Canada are pattern recognition functions that provide distinct formation on Air Canada 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 three with a total number of output elements of fifty-eight. The Directional Movement Index is an indicator that is used in technical analysis to determine if Air Canada is trending in particular direction.

Air Canada Technical Analysis Modules

Most technical analysis of Air Canada 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 Air from various momentum indicators to cycle indicators. When you analyze Air 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 Air Canada 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 Air Canada. We use our internally-developed statistical techniques to arrive at the intrinsic value of Air Canada based on widely used predictive technical indicators. In general, we focus on analyzing Air Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Air Canada'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 Air Canada's intrinsic value. In addition to deriving basic predictive indicators for Air Canada, we also check how macroeconomic factors affect Air Canada price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover3.085.114.716.09
Days Of Inventory On Hand10.198.447.848.62
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Air Canada's 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
21.3623.8526.34
Details
Intrinsic
Valuation
LowRealHigh
23.3825.8728.36
Details
Naive
Forecast
LowNextHigh
20.5623.0425.53
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.800.891.00
Details

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Other Information on Investing in Air Stock

Air Canada financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air Canada security.