Anglo American Platinum Stock Technical Analysis

AGPPF Stock  USD 37.67  0.36  0.95%   
As of the 24th of November, Anglo American shows the risk adjusted performance of 0.0348, and Mean Deviation of 2.41. Anglo American Platinum technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Anglo American Platinum treynor ratio, and the relationship between the standard deviation and downside variance to decide if Anglo American Platinum is priced correctly, providing market reflects its regular price of 37.67 per share. Given that Anglo American has jensen alpha of 0.1767, we suggest you to validate Anglo American Platinum's prevailing market performance to make sure the company can sustain itself at a future point.

Anglo American Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Anglo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Anglo
  
Anglo American's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Anglo American technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Anglo American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Anglo American 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...

Anglo American Platinum Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Anglo American Platinum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Anglo American Platinum Trend Analysis

Use this graph to draw trend lines for Anglo American Platinum. You can use it to identify possible trend reversals for Anglo American 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 Anglo American price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Anglo American Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Anglo American Platinum applied against its price change over selected period. The best fit line has a slop of   0.10  , which means Anglo American Platinum will continue generating value for investors. It has 122 observation points and a regression sum of squares at 394.15, which is the sum of squared deviations for the predicted Anglo American price change compared to its average price change.

About Anglo American 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 Anglo American Platinum 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 Anglo American Platinum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Anglo American Platinum price pattern first instead of the macroeconomic environment surrounding Anglo American Platinum. By analyzing Anglo American'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 Anglo American'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 Anglo American specific price patterns or momentum indicators. Please read more on our technical analysis page.

Anglo American November 24, 2024 Technical Indicators

Most technical analysis of Anglo 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 Anglo from various momentum indicators to cycle indicators. When you analyze Anglo 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.

Complementary Tools for Anglo Pink Sheet analysis

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