Greencore Group Plc Stock Technical Analysis

GNCGF Stock  USD 1.24  0.00  0.00%   
As of the 25th of April, Greencore Group retains the Standard Deviation of 0.2018, risk adjusted performance of 0.0559, and Market Risk Adjusted Performance of 0.2615. Greencore Group technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for Greencore Group plc, which can be compared to its competitors. Please check out Greencore Group plc mean deviation, variance, as well as the relationship between the Variance and maximum drawdown to decide if Greencore Group is priced fairly, providing market reflects its last-minute price of 1.24 per share. Given that Greencore Group plc is a hitting penny stock territory we urge to closely look at its information ratio.

Greencore Group Momentum Analysis

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

Greencore Group plc Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Greencore Group plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Greencore Group plc Trend Analysis

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

Greencore Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Greencore Group plc applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Greencore Group plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Greencore Group price change compared to its average price change.

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

Greencore Group April 25, 2024 Technical Indicators

Most technical analysis of Greencore 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 Greencore from various momentum indicators to cycle indicators. When you analyze Greencore 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greencore Group plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Greencore Group plc information on this page should be used as a complementary analysis to other Greencore Group'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Greencore Pink Sheet analysis

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