Rodrigo Tekstil (Turkey) Technical Analysis

RODRG Stock  TRY 102.00  0.40  0.39%   
As of the 20th of April, Rodrigo Tekstil holds the Semi Deviation of 3.1, coefficient of variation of 454.0, and Risk Adjusted Performance of 0.1435. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rodrigo Tekstil, 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 analyze and collect data for nineteen technical drivers for Rodrigo Tekstil Sanayi, which can be compared to its competitors. Please check Rodrigo Tekstil Sanayi variance, as well as the relationship between the maximum drawdown and semi variance to decide if Rodrigo Tekstil Sanayi is priced some-what accurately, providing market reflects its current price of 102.0 per share.

Rodrigo Tekstil Momentum Analysis

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

Rodrigo Tekstil Sanayi 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 Rodrigo Tekstil Sanayi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rodrigo Tekstil Sanayi Trend Analysis

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

Rodrigo Tekstil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rodrigo Tekstil Sanayi applied against its price change over selected period. The best fit line has a slop of   0.65  , which means Rodrigo Tekstil Sanayi will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15907.27, which is the sum of squared deviations for the predicted Rodrigo Tekstil price change compared to its average price change.

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

Rodrigo Tekstil April 20, 2024 Technical Indicators

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

Rodrigo Tekstil April 20, 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 Rodrigo 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rodrigo Tekstil 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 price.
Note that the Rodrigo Tekstil Sanayi information on this page should be used as a complementary analysis to other Rodrigo Tekstil'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Rodrigo Stock analysis

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