3m Co Bond Technical Analysis

88579YBJ9   90.36  0.21  0.23%   
As of the 27th of November, 88579YBJ9 owns the Variance of 2.45, market risk adjusted performance of 0.5744, and Information Ratio of (0.14). In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 88579YBJ9, as well as the relationship between them.

88579YBJ9 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 88579YBJ9, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 88579YBJ9
  
88579YBJ9'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.
88579YBJ9 technical bond 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, bond market cycles, or different charting patterns.
A focus of 88579YBJ9 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 88579YBJ9 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...

88579YBJ9 Trend Analysis

Use this graph to draw trend lines for 3M CO. You can use it to identify possible trend reversals for 88579YBJ9 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 88579YBJ9 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

88579YBJ9 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for 3M CO applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that 3M CO market price will keep on failing further. It has 122 observation points and a regression sum of squares at 248.27, which is the sum of squared deviations for the predicted 88579YBJ9 price change compared to its average price change.

About 88579YBJ9 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 3M CO 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 3M CO based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on 88579YBJ9 price pattern first instead of the macroeconomic environment surrounding 88579YBJ9. By analyzing 88579YBJ9'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 88579YBJ9'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 88579YBJ9 specific price patterns or momentum indicators. Please read more on our technical analysis page.

88579YBJ9 November 27, 2024 Technical Indicators

Most technical analysis of 88579YBJ9 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 88579YBJ9 from various momentum indicators to cycle indicators. When you analyze 88579YBJ9 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.

88579YBJ9 November 27, 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 88579YBJ9 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.

Other Information on Investing in 88579YBJ9 Bond

88579YBJ9 financial ratios help investors to determine whether 88579YBJ9 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 88579YBJ9 with respect to the benefits of owning 88579YBJ9 security.