Zuari Agro (India) Technical Analysis

ZUARI Stock   218.34  8.82  4.21%   
As of the 23rd of November, Zuari Agro maintains the Market Risk Adjusted Performance of 0.5631, mean deviation of 1.6, and Downside Deviation of 1.98. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zuari Agro Chemicals, as well as the relationship between them.

Zuari Agro Momentum Analysis

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

Zuari Agro Chemicals Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Zuari Agro Chemicals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Zuari Agro Chemicals Trend Analysis

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

Zuari Agro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zuari Agro Chemicals applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Zuari Agro Chemicals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1785.6, which is the sum of squared deviations for the predicted Zuari Agro price change compared to its average price change.

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

Zuari Agro November 23, 2024 Technical Indicators

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

Zuari Agro November 23, 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 Zuari 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 Zuari Stock

Zuari Agro financial ratios help investors to determine whether Zuari Stock 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 Zuari with respect to the benefits of owning Zuari Agro security.