Trend Micro Stock Technical Analysis
| TMICF Stock | USD 57.60 1.48 2.51% |
As of the 13th of December 2024, Trend Micro has the Coefficient Of Variation of 1256.01, variance of 8.1, and Risk Adjusted Performance of 0.0653. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trend Micro, as well as the relationship between them. Please validate Trend Micro coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if Trend Micro is priced more or less accurately, providing market reflects its prevalent price of 57.6 per share. Given that Trend Micro has variance of 8.1, we advise you to double-check Trend Micro's current market performance to make sure the company can sustain itself at a future point.
Trend Micro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trend, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrendTrend |
Trend Micro technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Trend Micro Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Trend Micro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trend Micro Trend Analysis
Use this graph to draw trend lines for Trend Micro. You can use it to identify possible trend reversals for Trend Micro 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 Trend Micro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trend Micro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trend Micro applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Trend Micro market price will keep on failing further. It has 122 observation points and a regression sum of squares at 63.24, which is the sum of squared deviations for the predicted Trend Micro price change compared to its average price change.About Trend Micro 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 Trend Micro 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 Trend Micro based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trend Micro price pattern first instead of the macroeconomic environment surrounding Trend Micro. By analyzing Trend Micro'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 Trend Micro'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 Trend Micro specific price patterns or momentum indicators. Please read more on our technical analysis page.
Trend Micro December 13, 2024 Technical Indicators
Most technical analysis of Trend 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 Trend from various momentum indicators to cycle indicators. When you analyze Trend 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0653 | |||
| Market Risk Adjusted Performance | (1.59) | |||
| Mean Deviation | 0.6706 | |||
| Coefficient Of Variation | 1256.01 | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.1 | |||
| Information Ratio | 0.0403 | |||
| Jensen Alpha | 0.2304 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.60) | |||
| Maximum Drawdown | 27.25 | |||
| Skewness | 7.35 | |||
| Kurtosis | 58.69 |
Complementary Tools for Trend Pink Sheet analysis
When running Trend Micro's price analysis, check to measure Trend Micro'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 Trend Micro is operating at the current time. Most of Trend Micro's value examination focuses on studying past and present price action to predict the probability of Trend Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trend Micro's price. Additionally, you may evaluate how the addition of Trend Micro to your portfolios can decrease your overall portfolio volatility.
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