Asos Plc Stock Technical Analysis

ASOMF Stock  USD 5.41  0.00  0.00%   
As of the 27th of November, ASOS Plc shows the mean deviation of 0.4878, and Risk Adjusted Performance of 0.1003. ASOS Plc 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 ASOS Plc variance and skewness to decide if ASOS Plc is priced some-what accurately, providing market reflects its regular price of 5.41 per share. Given that ASOS Plc has variance of 4.05, we suggest you to validate ASOS Plc's prevailing market performance to make sure the company can sustain itself at some point in the future.

ASOS 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 ASOS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ASOS
  
ASOS Plc'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.
ASOS Plc 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 ASOS Plc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ASOS Plc 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...

ASOS Plc Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 ASOS Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ASOS Plc Trend Analysis

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

ASOS Plc Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ASOS Plc applied against its price change over selected period. The best fit line has a slop of   0.02  , which means ASOS Plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.24, which is the sum of squared deviations for the predicted ASOS Plc price change compared to its average price change.

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

ASOS Plc November 27, 2024 Technical Indicators

Most technical analysis of ASOS 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 ASOS from various momentum indicators to cycle indicators. When you analyze ASOS 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 ASOS Pink Sheet analysis

When running ASOS Plc's price analysis, check to measure ASOS 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 ASOS Plc is operating at the current time. Most of ASOS Plc's value examination focuses on studying past and present price action to predict the probability of ASOS 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 ASOS Plc's price. Additionally, you may evaluate how the addition of ASOS Plc to your portfolios can decrease your overall portfolio volatility.
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