Penguen Gida (Turkey) Technical Analysis

PENGD Stock  TRY 7.57  0.47  6.62%   
As of the 20th of April, Penguen Gida holds the Risk Adjusted Performance of 0.0763, semi deviation of 2.41, and Coefficient Of Variation of 894.82. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Penguen Gida, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Penguen Gida Sanayi, which can be compared to its competitors. Please check Penguen Gida Sanayi value at risk, and the relationship between the jensen alpha and semi variance to decide if Penguen Gida Sanayi is priced some-what accurately, providing market reflects its current price of 7.57 per share.

Penguen Gida Momentum Analysis

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

Penguen Gida Sanayi Technical Analysis

Indicator
Time Period
Execute Indicator
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 Penguen Gida Sanayi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Penguen Gida Sanayi Trend Analysis

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

Penguen Gida Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Penguen Gida Sanayi applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Penguen Gida Sanayi market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.08, which is the sum of squared deviations for the predicted Penguen Gida price change compared to its average price change.

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

Penguen Gida April 20, 2024 Technical Indicators

Most technical analysis of Penguen 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 Penguen from various momentum indicators to cycle indicators. When you analyze Penguen 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Penguen Gida Sanayi. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Penguen Gida Sanayi information on this page should be used as a complementary analysis to other Penguen Gida'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Penguen Stock analysis

When running Penguen Gida's price analysis, check to measure Penguen Gida'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 Penguen Gida is operating at the current time. Most of Penguen Gida's value examination focuses on studying past and present price action to predict the probability of Penguen Gida's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penguen Gida's price. Additionally, you may evaluate how the addition of Penguen Gida to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Please note, there is a significant difference between Penguen Gida's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penguen Gida is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penguen Gida'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.