Izmir Demir (Turkey) Technical Analysis

IZMDC Stock  TRY 6.71  0.11  1.67%   
As of the 28th of March, Izmir Demir retains the Downside Deviation of 2.14, market risk adjusted performance of 0.3719, and Risk Adjusted Performance of 0.1026. Izmir Demir technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for Izmir Demir Celik, which can be compared to its competitors. Please check out Izmir Demir Celik maximum drawdown, and the relationship between the information ratio and downside variance to decide if Izmir Demir is priced fairly, providing market reflects its last-minute price of 6.71 per share.

Izmir 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 Izmir, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Izmir
  
Izmir 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.
Izmir 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 Izmir Demir technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Izmir 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...

Izmir Demir Celik 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 Izmir Demir Celik volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Izmir Demir Celik Trend Analysis

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

Izmir Demir Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Izmir Demir Celik applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Izmir Demir Celik will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.35, which is the sum of squared deviations for the predicted Izmir Demir price change compared to its average price change.

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

Izmir Demir March 28, 2024 Technical Indicators

Most technical analysis of Izmir 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 Izmir from various momentum indicators to cycle indicators. When you analyze Izmir 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Izmir Demir Celik. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Izmir Demir Celik information on this page should be used as a complementary analysis to other Izmir Demir's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Izmir Stock analysis

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