Sendas Distribuidora Sa Stock Technical Analysis

ASAI Stock  USD 6.01  0.11  1.80%   
As of the 22nd of November, Sendas Distribuidora has the Coefficient Of Variation of (567.72), variance of 11.14, and Risk Adjusted Performance of (0.12). Sendas Distribuidora technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sendas Distribuidora Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sendas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sendas
  
Sendas Distribuidora'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.

Sendas Distribuidora Analyst Consensus

Target PriceAdvice# of Analysts
17.48Buy4Odds
Sendas Distribuidora SA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sendas analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sendas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sendas Distribuidora, talking to its executives and customers, or listening to Sendas conference calls.
Sendas Analyst Advice Details
Sendas Distribuidora 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.
A focus of Sendas Distribuidora technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sendas Distribuidora 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...

Sendas Distribuidora Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Sendas Distribuidora volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sendas Distribuidora Trend Analysis

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

Sendas Distribuidora Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sendas Distribuidora SA applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Sendas Distribuidora SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 62.79, which is the sum of squared deviations for the predicted Sendas Distribuidora price change compared to its average price change.

About Sendas Distribuidora 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 Sendas Distribuidora SA 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 Sendas Distribuidora SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sendas Distribuidora price pattern first instead of the macroeconomic environment surrounding Sendas Distribuidora. By analyzing Sendas Distribuidora'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 Sendas Distribuidora'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 Sendas Distribuidora specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.001360.001292
Price To Sales Ratio1.32.53

Sendas Distribuidora November 22, 2024 Technical Indicators

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

Sendas Distribuidora November 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sendas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Sendas Stock analysis

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