Sonmez Filament (Turkey) Technical Analysis

SONME Stock  TRY 83.60  1.30  1.58%   
As of the 18th of April 2024, Sonmez Filament has the Coefficient Of Variation of 703.16, risk adjusted performance of 0.0982, and Semi Deviation of 3.16. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sonmez Filament Sentetik, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Sonmez Filament Sentetik, which can be compared to its competition. Please validate Sonmez Filament Sentetik variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Sonmez Filament is priced more or less accurately, providing market reflects its prevalent price of 83.6 per share.

Sonmez Filament Momentum Analysis

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

Sonmez Filament Sentetik 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 Sonmez Filament Sentetik volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sonmez Filament Sentetik Trend Analysis

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

Sonmez Filament Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sonmez Filament Sentetik applied against its price change over selected period. The best fit line has a slop of   0.28  , which means Sonmez Filament Sentetik will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2950.55, which is the sum of squared deviations for the predicted Sonmez Filament price change compared to its average price change.

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

Sonmez Filament April 18, 2024 Technical Indicators

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

Sonmez Filament April 18, 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 Sonmez 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sonmez Filament Sentetik. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Sonmez Filament Sentetik information on this page should be used as a complementary analysis to other Sonmez Filament'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Sonmez Stock analysis

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