Photomyne (Israel) Technical Analysis

PHTM Stock  ILA 2,784  8.00  0.29%   
As of the 27th of November, Photomyne holds the Semi Deviation of 1.08, coefficient of variation of 479.4, and Risk Adjusted Performance of 0.164. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Photomyne, as well as the relationship between them.

Photomyne Momentum Analysis

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

Photomyne 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 Photomyne volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Photomyne Trend Analysis

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

Photomyne Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Photomyne applied against its price change over selected period. The best fit line has a slop of   10.94  , which means Photomyne will continue producing value for investors. It has 122 observation points and a regression sum of squares at 4522347.49, which is the sum of squared deviations for the predicted Photomyne price change compared to its average price change.

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

Photomyne November 27, 2024 Technical Indicators

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

Complementary Tools for Photomyne Stock analysis

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