EMEK Elektrik (Turkey) Technical Analysis

EMKEL Stock  TRY 15.63  0.16  1.03%   
As of the 6th of May, EMEK Elektrik shows the mean deviation of 2.39, and Standard Deviation of 3.16. EMEK Elektrik Endustrisi technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for EMEK Elektrik Endustrisi, which can be compared to its peers. Please confirm EMEK Elektrik Endustrisi mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if EMEK Elektrik Endustrisi is priced some-what accurately, providing market reflects its regular price of 15.63 per share.

EMEK Elektrik Momentum Analysis

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

EMEK Elektrik Endustrisi Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 EMEK Elektrik Endustrisi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EMEK Elektrik Endustrisi Trend Analysis

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

EMEK Elektrik Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EMEK Elektrik Endustrisi applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that EMEK Elektrik Endustrisi market price will keep on failing further. It has 122 observation points and a regression sum of squares at 163.17, which is the sum of squared deviations for the predicted EMEK Elektrik price change compared to its average price change.

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

EMEK Elektrik May 6, 2024 Technical Indicators

Most technical analysis of EMEK 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 EMEK from various momentum indicators to cycle indicators. When you analyze EMEK 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EMEK Elektrik Endustrisi. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for EMEK Stock analysis

When running EMEK Elektrik's price analysis, check to measure EMEK Elektrik'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 EMEK Elektrik is operating at the current time. Most of EMEK Elektrik's value examination focuses on studying past and present price action to predict the probability of EMEK Elektrik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMEK Elektrik's price. Additionally, you may evaluate how the addition of EMEK Elektrik to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between EMEK Elektrik's value and its price as these two are different measures arrived at by different means. Investors typically determine if EMEK Elektrik is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EMEK Elektrik's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.