Aygaz AS (Turkey) Technical Analysis

AYGAZ Stock  TRY 178.80  1.70  0.94%   
As of the 29th of November, Aygaz AS shows the risk adjusted performance of 0.1436, and Mean Deviation of 1.39. Aygaz AS 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.

Aygaz AS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aygaz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Aygaz
  
Aygaz AS'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.
Aygaz AS 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 Aygaz AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aygaz AS 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...

Aygaz AS Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Aygaz AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aygaz AS Trend Analysis

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

Aygaz AS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aygaz AS applied against its price change over selected period. The best fit line has a slop of   0.51  , which means Aygaz AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9705.84, which is the sum of squared deviations for the predicted Aygaz AS price change compared to its average price change.

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

Aygaz AS November 29, 2024 Technical Indicators

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

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