Parag Milk (India) Technical Analysis

PARAGMILK   200.55  4.13  2.10%   
As of the 22nd of November, Parag Milk holds the Coefficient Of Variation of 4209.57, risk adjusted performance of 0.0254, and Semi Deviation of 2.53. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parag Milk, as well as the relationship between them.

Parag Milk Momentum Analysis

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

Parag Milk Foods Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Parag Milk Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Parag Milk Foods Trend Analysis

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

Parag Milk Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Parag Milk Foods applied against its price change over selected period. The best fit line has a slop of   0.41  , which means Parag Milk Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6473.37, which is the sum of squared deviations for the predicted Parag Milk price change compared to its average price change.

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

Parag Milk November 22, 2024 Technical Indicators

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

Parag Milk November 22, 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 Parag 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 Parag Stock analysis

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