Callaway Golf Technical Analysis Overview

ELY -- USA Stock  

USD 18.83  0.05  0.27%

Callaway Golf Company shows Risk Adjusted Performance of 0.18 and Mean Deviation of 1.06. Callaway Golf 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 future prices. In plain English 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 found nineteen technical drivers for Callaway Golf Company which can be compared to its rivals. Please confirm Callaway Golf Downside Deviation, Treynor Ratio as well as the relationship between Treynor Ratio and Expected Short fall to decide if Callaway Golf is priced correctly providing market reflects its regular price of 18.83 per share. Given that Callaway Golf has Jensen Alpha of 0.40, we suggest you validate Callaway Golf Company prevailing market performance to make sure the company can sustain itself at future point.
 Time Horizon     30 Days    Login   to change

Callaway Golf Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was six with a total number of output elements of eleven. 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 Callaway Golf volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Callaway Golf Trend Analysis

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

Callaway Golf Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Callaway Golf Company applied against its price change over selected period. The best fit line has a slop of 0.04 % which may imply that the returns on investment in Callaway Golf Company will continue to fail. It has 34 observation points and a regression sum of squares at 1.31, which is the sum of squared deviations for the predicted Callaway Golf price change compared to its average price change.

Current Sentiment - ELY

Callaway Golf Investor Sentiment
Greater number of Macroaxis users are currently bullish on Callaway Golf Company. What is your opinion about investing in Callaway Golf Company? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Callaway Golf July 19, 2018 Daily Price Condition

Additionally see Investing Opportunities. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.