Michman Basad (Israel) Technical Analysis

MCMN Stock  ILA 21,000  820.00  4.06%   
As of the 27th of November, Michman Basad secures the Risk Adjusted Performance of 0.1763, downside deviation of 1.36, and Mean Deviation of 0.8598. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Michman Basad, as well as the relationship between them.

Michman Basad Momentum Analysis

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

Michman Basad Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Michman Basad volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Michman Basad Trend Analysis

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

Michman Basad Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Michman Basad applied against its price change over selected period. The best fit line has a slop of   78.61  , which means Michman Basad will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2.33705156E8, which is the sum of squared deviations for the predicted Michman Basad price change compared to its average price change.

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

Michman Basad November 27, 2024 Technical Indicators

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

Michman Basad November 27, 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 Michman 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.

Complementary Tools for Michman Stock analysis

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