TANZANIA BREWERIES (Tanzania) Technical Analysis

TBL Stock   10,900  0.00  0.00%   

TANZANIA BREWERIES Momentum Analysis

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

TANZANIA BREWERIES LTD 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 TANZANIA BREWERIES LTD volatility. High ATR values indicate high volatility, and low values indicate low volatility.

TANZANIA BREWERIES LTD Trend Analysis

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

TANZANIA BREWERIES Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TANZANIA BREWERIES LTD applied against its price change over selected period. The best fit line has a slop of   0.00  , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted TANZANIA BREWERIES price change compared to its average price change.

Complementary Tools for TANZANIA Stock analysis

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