Techtronic Industries Stock Technical Analysis

TTNDF Stock  USD 13.53  0.03  0.22%   
As of the 29th of November, Techtronic Industries has the Semi Deviation of 2.6, coefficient of variation of 1864.84, and Risk Adjusted Performance of 0.0491. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Techtronic Industries, as well as the relationship between them. Please validate Techtronic Industries variance, as well as the relationship between the maximum drawdown and semi variance to decide if Techtronic Industries is priced more or less accurately, providing market reflects its prevalent price of 13.53 per share. Given that Techtronic Industries has jensen alpha of 0.1286, we advise you to double-check Techtronic Industries's current market performance to make sure the company can sustain itself at a future point.

Techtronic Industries Momentum Analysis

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

Techtronic Industries 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 Techtronic Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Techtronic Industries Trend Analysis

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

Techtronic Industries Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Techtronic Industries applied against its price change over selected period. The best fit line has a slop of   0.0063  , which may suggest that Techtronic Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.48, which is the sum of squared deviations for the predicted Techtronic Industries price change compared to its average price change.

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

Techtronic Industries November 29, 2024 Technical Indicators

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

Techtronic Industries November 29, 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 Techtronic 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 Techtronic Pink Sheet analysis

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