Ternium SA (Argentina) Technical Analysis

TXR Stock  ARS 9,350  40.00  0.43%   
As of the 22nd of November, Ternium SA has the Risk Adjusted Performance of (0.09), coefficient of variation of (775.95), and Variance of 3.63. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ternium SA DRC, as well as the relationship between them.

Ternium SA Momentum Analysis

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

Ternium SA DRC Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-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 Ternium SA DRC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ternium SA DRC Trend Analysis

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

Ternium SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ternium SA DRC applied against its price change over selected period. The best fit line has a slop of   17.73  , which may suggest that Ternium SA DRC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.188659068E7, which is the sum of squared deviations for the predicted Ternium SA price change compared to its average price change.

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

Ternium SA November 22, 2024 Technical Indicators

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

Ternium SA 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 Ternium 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 Ternium Stock analysis

When running Ternium SA's price analysis, check to measure Ternium SA'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 Ternium SA is operating at the current time. Most of Ternium SA's value examination focuses on studying past and present price action to predict the probability of Ternium SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ternium SA's price. Additionally, you may evaluate how the addition of Ternium SA to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
CEOs Directory
Screen CEOs from public companies around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance