Egypt Aluminum (Egypt) Technical Analysis

EGAL Stock   112.70  1.03  0.92%   

Egypt Aluminum Momentum Analysis

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

Egypt Aluminum Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Egypt Aluminum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Egypt Aluminum Trend Analysis

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

Egypt Aluminum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Egypt Aluminum applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Egypt Aluminum market price will keep on failing further. It has 122 observation points and a regression sum of squares at 37.19, which is the sum of squared deviations for the predicted Egypt Aluminum price change compared to its average price change.

Egypt Aluminum November 28, 2024 Technical Indicators

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

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