Manila Electric (Philippines) Technical Analysis

MER Stock   496.80  10.80  2.22%   
As of the 26th of November, Manila Electric secures the Downside Deviation of 1.81, mean deviation of 1.71, and Risk Adjusted Performance of 0.1101. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Manila Electric, as well as the relationship between them. Please verify Manila Electric value at risk, and the relationship between the jensen alpha and semi variance to decide if Manila Electric Co is priced some-what accurately, providing market reflects its recent price of 496.8 per share.

Manila Electric Momentum Analysis

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

Manila Electric 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 Manila Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Manila Electric Trend Analysis

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

Manila Electric Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Manila Electric Co applied against its price change over selected period. The best fit line has a slop of   1.63  , which means Manila Electric Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 100336.66, which is the sum of squared deviations for the predicted Manila Electric price change compared to its average price change.

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

Manila Electric November 26, 2024 Technical Indicators

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

Manila Electric November 26, 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 Manila 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 Manila Stock analysis

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