Transurban Group Stock Technical Analysis

TRAUF Stock  USD 8.86  0.00  0.00%   
As of the 30th of November, Transurban has the Coefficient Of Variation of (2,700), variance of 5.09, and Risk Adjusted Performance of (0.02). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Transurban Group, as well as the relationship between them. Please validate Transurban Group mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Transurban is priced more or less accurately, providing market reflects its prevalent price of 8.86 per share. Given that Transurban Group has information ratio of (0.1), we advise you to double-check Transurban Group's current market performance to make sure the company can sustain itself at a future point.

Transurban Momentum Analysis

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

Transurban Group 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 Transurban Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Transurban Group Trend Analysis

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

Transurban Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Transurban Group applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Transurban Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.52, which is the sum of squared deviations for the predicted Transurban price change compared to its average price change.

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

Transurban November 30, 2024 Technical Indicators

Most technical analysis of Transurban 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 Transurban from various momentum indicators to cycle indicators. When you analyze Transurban 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 Transurban Pink Sheet analysis

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