Meezan Bank (Pakistan) Technical Analysis

MEBL Stock   257.44  22.40  9.53%   
As of the 23rd of November, Meezan Bank secures the Mean Deviation of 0.8735, risk adjusted performance of 0.0082, and Downside Deviation of 0.9907. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Meezan Bank, as well as the relationship between them.

Meezan Bank Momentum Analysis

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

Meezan Bank Technical Analysis

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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 Meezan Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Meezan Bank Trend Analysis

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

Meezan Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Meezan Bank applied against its price change over selected period. The best fit line has a slop of   0.32  , which means Meezan Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3954.94, which is the sum of squared deviations for the predicted Meezan Bank price change compared to its average price change.

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

Meezan Bank November 23, 2024 Technical Indicators

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

Meezan Bank 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 Meezan 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 Meezan Stock analysis

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