Glencore PLC (Germany) Technical Analysis
| 8GC Stock | EUR 4.21 0.01 0.24% |
As of the 2nd of February, Glencore PLC retains the Standard Deviation of 2.03, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (2.42). Glencore PLC technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Glencore PLC coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Glencore PLC is priced fairly, providing market reflects its last-minute price of 4.21 per share.
Glencore PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Glencore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GlencoreGlencore |
Glencore PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Glencore PLC Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Glencore PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Glencore PLC Trend Analysis
Use this graph to draw trend lines for Glencore PLC. You can use it to identify possible trend reversals for Glencore PLC 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 Glencore PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Glencore PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Glencore PLC applied against its price change over selected period. The best fit line has a slop of 0.0075 , which may suggest that Glencore PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.1, which is the sum of squared deviations for the predicted Glencore PLC price change compared to its average price change.About Glencore PLC Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Glencore PLC on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Glencore PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Glencore PLC price pattern first instead of the macroeconomic environment surrounding Glencore PLC. By analyzing Glencore PLC's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Glencore PLC's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Glencore PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Glencore PLC February 2, 2025 Technical Indicators
Most technical analysis of Glencore 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 Glencore from various momentum indicators to cycle indicators. When you analyze Glencore 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (2.42) | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (1,179) | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.12 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (2.43) | |||
| Maximum Drawdown | 13.05 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.05 | |||
| Skewness | 0.6457 | |||
| Kurtosis | 2.97 |
Complementary Tools for Glencore Stock analysis
When running Glencore PLC's price analysis, check to measure Glencore PLC's 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 Glencore PLC is operating at the current time. Most of Glencore PLC's value examination focuses on studying past and present price action to predict the probability of Glencore PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glencore PLC's price. Additionally, you may evaluate how the addition of Glencore PLC to your portfolios can decrease your overall portfolio volatility.
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