Dreyfus Midcap Index Fund Technical Analysis

DMIDX Fund  USD 34.32  0.16  0.46%   
As of the 27th of November, Dreyfus Midcap shows the Semi Deviation of 0.6312, downside deviation of 0.9343, and Mean Deviation of 0.7174. Dreyfus Midcap Index technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.

Dreyfus Midcap Momentum Analysis

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

Dreyfus Midcap Index Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Dreyfus Midcap Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dreyfus Midcap Index Trend Analysis

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

Dreyfus Midcap Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dreyfus Midcap Index applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Dreyfus Midcap Index will continue generating value for investors. It has 122 observation points and a regression sum of squares at 113.94, which is the sum of squared deviations for the predicted Dreyfus Midcap price change compared to its average price change.

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

Dreyfus Midcap November 27, 2024 Technical Indicators

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

Dreyfus Midcap Index One Year Return

Based on the recorded statements, Dreyfus Midcap Index has an One Year Return of 32.9148%. This is 249.79% higher than that of the Dreyfus family and significantly higher than that of the Mid-Cap Blend category. The one year return for all United States funds is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

Other Information on Investing in Dreyfus Mutual Fund

Dreyfus Midcap financial ratios help investors to determine whether Dreyfus Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dreyfus with respect to the benefits of owning Dreyfus Midcap security.
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