Td Canadian Aggregate Etf Technical Analysis

TDB Etf  CAD 13.23  0.14  1.07%   
As of the 30th of November, TD Canadian owns the Downside Deviation of 0.3916, risk adjusted performance of 0.0457, and Mean Deviation of 0.2596. In connection with fundamental indicators, the technical analysis model makes it possible for you to check timely technical drivers of TD Canadian Aggregate, as well as the relationship between them.

TD Canadian Momentum Analysis

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

TD Canadian Aggregate Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 TD Canadian Aggregate volatility. High ATR values indicate high volatility, and low values indicate low volatility.

TD Canadian Aggregate Trend Analysis

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

TD Canadian Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TD Canadian Aggregate applied against its price change over selected period. The best fit line has a slop of   0.0019  , which may suggest that TD Canadian Aggregate market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted TD Canadian price change compared to its average price change.

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

TD Canadian November 30, 2024 Technical Indicators

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

Other Information on Investing in TDB Etf

TD Canadian financial ratios help investors to determine whether TDB Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TDB with respect to the benefits of owning TD Canadian security.