Absa Prudential (South Africa) Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Absa Prudential technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Absa Prudential trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Absa Prudential Technical Analysis

Absa Prudential Trend Analysis

Use this graph to draw trend lines for Absa Prudential. You can use it to identify possible trend reversals for Absa Prudential as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Absa Prudential price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Absa Prudential Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Absa Prudential applied against its price change over selected period. The best fit line has a slop of   0  , which means Absa Prudential will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Absa Prudential price change compared to its average price change.

Most technical analysis of Absa 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 Absa from various momentum indicators to cycle indicators. When you analyze Absa charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.