Ashtead Group Plc Stock Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Ashtead Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ashtead Group 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...

Ashtead Group plc Technical Analysis

Ashtead Group plc Trend Analysis

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

Ashtead Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ashtead Group plc applied against its price change over selected period. The best fit line has a slop of   0.17  , which means Ashtead Group plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1101.43, which is the sum of squared deviations for the predicted Ashtead Group price change compared to its average price change.

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

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