SASA Polyester (Turkey) Technical Analysis

SASA Stock  TRY 40.90  0.94  2.35%   
As of the 27th of April, SASA Polyester has the Risk Adjusted Performance of 0.0365, downside deviation of 2.46, and Market Risk Adjusted Performance of (0.20). In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SASA Polyester Sanayi, as well as the relationship between them. In other words, you can use this information to find out if the entity will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for SASA Polyester Sanayi, which can be compared to its competition. Please validate SASA Polyester Sanayi treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if SASA Polyester is priced adequately, providing market reflects its prevalent price of 40.9 per share.

SASA Polyester Momentum Analysis

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

SASA Polyester Sanayi Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 SASA Polyester Sanayi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SASA Polyester Sanayi Trend Analysis

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

SASA Polyester Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SASA Polyester Sanayi applied against its price change over selected period. The best fit line has a slop of    , which means SASA Polyester Sanayi will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.46, which is the sum of squared deviations for the predicted SASA Polyester price change compared to its average price change.

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

SASA Polyester April 27, 2024 Technical Indicators

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

SASA Polyester April 27, 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 SASA 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 SASA Polyester 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 board of governors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for SASA Stock analysis

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