Eregli Demir (Turkey) Technical Analysis

EREGL Stock  TRY 41.60  0.10  0.24%   
As of the 26th of April, Eregli Demir shows the Mean Deviation of 1.33, coefficient of variation of 39197.47, and Downside Deviation of 1.84. Eregli Demir ve 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 nineteen technical drivers for Eregli Demir ve, which can be compared to its peers. Please confirm Eregli Demir ve treynor ratio, and the relationship between the standard deviation and downside variance to decide if Eregli Demir ve is priced favorably, providing market reflects its regular price of 41.6 per share.

Eregli Demir Momentum Analysis

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

Eregli Demir ve Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Eregli Demir ve volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eregli Demir ve Trend Analysis

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

Eregli Demir Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eregli Demir ve applied against its price change over selected period. The best fit line has a slop of   0.09  , which may suggest that Eregli Demir ve market price will keep on failing further. It has 122 observation points and a regression sum of squares at 298.52, which is the sum of squared deviations for the predicted Eregli Demir price change compared to its average price change.

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

Eregli Demir April 26, 2024 Technical Indicators

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

Eregli Demir April 26, 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 Eregli 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eregli Demir ve. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Eregli Stock analysis

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