Aluar Aluminio (Argentina) Technical Analysis

ALUA Stock  ARS 850.50  36.00  4.06%   
As of the 24th of April, Aluar Aluminio shows the Risk Adjusted Performance of (0.04), standard deviation of 4.02, and Mean Deviation of 3.18. Aluar Aluminio Argentino 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 interpolate thirteen technical drivers for Aluar Aluminio Argentino, which can be compared to its peers. Please confirm Aluar Aluminio Argentino mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Aluar Aluminio Argentino is priced correctly, providing market reflects its regular price of 850.5 per share.

Aluar Aluminio Momentum Analysis

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

Aluar Aluminio Argentino Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Aluar Aluminio Argentino volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aluar Aluminio Argentino Trend Analysis

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

Aluar Aluminio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aluar Aluminio Argentino applied against its price change over selected period. The best fit line has a slop of   3.07  , which may suggest that Aluar Aluminio Argentino market price will keep on failing further. It has 122 observation points and a regression sum of squares at 356809.61, which is the sum of squared deviations for the predicted Aluar Aluminio price change compared to its average price change.

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

Aluar Aluminio April 24, 2024 Technical Indicators

Most technical analysis of Aluar 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 Aluar from various momentum indicators to cycle indicators. When you analyze Aluar 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, which includes a position in Aluar Aluminio Argentino. 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 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 Aluar Stock analysis

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