JTL Industries (India) Technical Analysis
| JTLIND Stock | 96.40 1.53 1.61% |
As of the 23rd of November, JTL Industries retains the market risk adjusted performance of 1.1, and Risk Adjusted Performance of (0.08). JTL Industries 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.
JTL Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JTL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JTLJTL |
JTL Industries 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.
JTL Industries Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 JTL Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JTL Industries Trend Analysis
Use this graph to draw trend lines for JTL Industries. You can use it to identify possible trend reversals for JTL Industries 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 JTL Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JTL Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JTL Industries applied against its price change over selected period. The best fit line has a slop of 2.18 , which may suggest that JTL Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 179563.5, which is the sum of squared deviations for the predicted JTL Industries price change compared to its average price change.About JTL Industries 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 JTL Industries 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 JTL Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on JTL Industries price pattern first instead of the macroeconomic environment surrounding JTL Industries. By analyzing JTL Industries'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 JTL Industries'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 JTL Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
JTL Industries November 23, 2024 Technical Indicators
Most technical analysis of JTL 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 JTL from various momentum indicators to cycle indicators. When you analyze JTL 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | 1.1 | |||
| Mean Deviation | 2.86 | |||
| Coefficient Of Variation | (815.98) | |||
| Standard Deviation | 6.97 | |||
| Variance | 48.51 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.77) | |||
| Treynor Ratio | 1.09 | |||
| Maximum Drawdown | 60.24 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 4.25 | |||
| Skewness | (6.06) | |||
| Kurtosis | 44.66 |
JTL Industries November 23, 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 JTL 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.
| Accumulation Distribution | 49,694 | ||
| Daily Balance Of Power | 0.31 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 96.25 | ||
| Day Typical Price | 96.30 | ||
| Price Action Indicator | 0.92 |
Complementary Tools for JTL Stock analysis
When running JTL Industries' price analysis, check to measure JTL Industries' 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 JTL Industries is operating at the current time. Most of JTL Industries' value examination focuses on studying past and present price action to predict the probability of JTL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JTL Industries' price. Additionally, you may evaluate how the addition of JTL Industries to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |