Tredegar Stock Technical Analysis

TG Stock  USD 7.12  0.11  1.57%   
As of the 22nd of November, Tredegar has the Coefficient Of Variation of 976.76, semi deviation of 3.6, and Risk Adjusted Performance of 0.0851. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tredegar, as well as the relationship between them. Please validate Tredegar information ratio, as well as the relationship between the potential upside and kurtosis to decide if Tredegar is priced more or less accurately, providing market reflects its prevalent price of 7.12 per share. Given that Tredegar has jensen alpha of 0.2169, we advise you to double-check Tredegar's current market performance to make sure the company can sustain itself at a future point.

Tredegar Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tredegar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tredegar
  
Tredegar'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.

Tredegar Analyst Consensus

Target PriceAdvice# of Analysts
17.0Strong Sell0Odds
Tredegar current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tredegar analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tredegar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tredegar, talking to its executives and customers, or listening to Tredegar conference calls.
Tredegar Analyst Advice Details
Tredegar 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 Tredegar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tredegar 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...

Tredegar Technical Analysis

Indicator
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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Tredegar volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tredegar Trend Analysis

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

Tredegar Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tredegar applied against its price change over selected period. The best fit line has a slop of   0.03  , which suggests that Tredegar will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 32.79, which is the sum of squared deviations for the predicted Tredegar price change compared to its average price change.

About Tredegar 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 Tredegar 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 Tredegar based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tredegar price pattern first instead of the macroeconomic environment surrounding Tredegar. By analyzing Tredegar'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 Tredegar'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 Tredegar specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04080.04910.04810.0476
Price To Sales Ratio0.480.370.260.25

Tredegar November 22, 2024 Technical Indicators

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

Tredegar 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 Tredegar 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 Tredegar Stock analysis

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