Armstrong Flooring Stock Technical Analysis

AFIDelisted Stock  USD 0.35  0.05  12.50%   
As of the 29th of March, Armstrong Flooring shows the Mean Deviation of 14.0, risk adjusted performance of 0.0313, and Downside Deviation of 19.14. Armstrong Flooring technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Armstrong Flooring, which can be compared to its rivals. Please confirm Armstrong Flooring variance and the relationship between the treynor ratio and expected short fall to decide if Armstrong Flooring is priced correctly, providing market reflects its regular price of 0.35 per share. As Armstrong Flooring appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Armstrong Flooring Momentum Analysis

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

Armstrong Flooring Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Armstrong Flooring Trend Analysis

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

Armstrong Flooring Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Armstrong Flooring applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that the returns on investment in Armstrong Flooring will continue to fail. It has 98 observation points and a regression sum of squares at 20.44, which is the sum of squared deviations for the predicted Armstrong Flooring price change compared to its average price change.

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

Armstrong Flooring March 29, 2024 Technical Indicators

Most technical analysis of Armstrong 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 Armstrong from various momentum indicators to cycle indicators. When you analyze Armstrong 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Armstrong Flooring information on this page should be used as a complementary analysis to other Armstrong Flooring'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in Armstrong Stock

If you are still planning to invest in Armstrong Flooring check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Armstrong Flooring's history and understand the potential risks before investing.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk