Mgm China Holdings Stock Technical Analysis

MCHVY Stock  USD 21.00  0.00  0.00%   
As of the 19th of April, MGM China secures the risk adjusted performance of 0.0987, and Mean Deviation of 2.07. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MGM China Holdings, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for MGM China, which can be compared to its peers in the industry. Please verify MGM China Holdings standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if MGM China Holdings is priced more or less accurately, providing market reflects its recent price of 21.0 per share. Given that MGM China Holdings has jensen alpha of 0.3927, we recommend you to check MGM China's last-minute market performance to make sure the company can sustain itself at some point in the future.

MGM China Momentum Analysis

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

MGM China Holdings Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 MGM China Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MGM China Holdings Trend Analysis

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

MGM China Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MGM China Holdings applied against its price change over selected period. The best fit line has a slop of   0.1  , which means MGM China Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 343.29, which is the sum of squared deviations for the predicted MGM China price change compared to its average price change.

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

MGM China April 19, 2024 Technical Indicators

Most technical analysis of MGM 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 MGM from various momentum indicators to cycle indicators. When you analyze MGM 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGM China Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
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 MGM Pink Sheet analysis

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