International Meal (Brazil) Technical Analysis

MEAL3 Stock  BRL 1.53  0.03  1.92%   
As of the 24th of April, International Meal retains the Standard Deviation of 4.09, market risk adjusted performance of (0.20), and Risk Adjusted Performance of (0.02). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of International Meal, as well as the relationship between them. 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 analyze thirteen technical drivers for International Meal, which can be compared to its competitors. Please check out International Meal coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if International Meal is priced fairly, providing market reflects its last-minute price of 1.53 per share.

International Meal Momentum Analysis

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

International Meal Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 International Meal volatility. High ATR values indicate high volatility, and low values indicate low volatility.

International Meal Trend Analysis

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

International Meal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for International Meal applied against its price change over selected period. The best fit line has a slop of   0.005  , which may suggest that International Meal market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.94, which is the sum of squared deviations for the predicted International Meal price change compared to its average price change.

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

International Meal April 24, 2024 Technical Indicators

Most technical analysis of International 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 International from various momentum indicators to cycle indicators. When you analyze International 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in International Meal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the International Meal information on this page should be used as a complementary analysis to other International Meal'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for International Stock analysis

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