Gorilla Technology Group Stock Technical Analysis

GRRR Stock  USD 5.09  0.31  6.49%   
As of the 25th of November, Gorilla Technology retains the Risk Adjusted Performance of 0.1565, downside deviation of 4.36, and Market Risk Adjusted Performance of 0.5424. Gorilla Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Gorilla Technology variance and potential upside to decide if Gorilla Technology is priced fairly, providing market reflects its last-minute price of 5.09 per share. Given that Gorilla Technology Group has jensen alpha of 0.8182, we strongly advise you to confirm Gorilla Technology's regular market performance to make sure the company can sustain itself at a future point.

Gorilla Technology Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gorilla, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Gorilla
  
Gorilla Technology'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.

Gorilla Technology Analyst Consensus

Target PriceAdvice# of Analysts
5.27Strong Buy2Odds
Gorilla Technology Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Gorilla analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Gorilla stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gorilla Technology, talking to its executives and customers, or listening to Gorilla conference calls.
Gorilla Analyst Advice Details
Gorilla Technology 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 Gorilla Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gorilla Technology 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...

Gorilla Technology Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Gorilla Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Gorilla Technology Trend Analysis

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

Gorilla Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gorilla Technology Group applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Gorilla Technology Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.82, which is the sum of squared deviations for the predicted Gorilla Technology price change compared to its average price change.

About Gorilla Technology 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 Gorilla Technology Group 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 Gorilla Technology Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gorilla Technology price pattern first instead of the macroeconomic environment surrounding Gorilla Technology. By analyzing Gorilla Technology'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 Gorilla Technology'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 Gorilla Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding315.05251.09201.8295.86
PTB Ratio47.32139.470.850.8

Gorilla Technology November 25, 2024 Technical Indicators

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

Gorilla Technology November 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Gorilla stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Gorilla Stock Analysis

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