Standard Chartered Plc Stock Technical Analysis

SCBFF Stock  USD 8.00  0.40  4.76%   
As of the 16th of April 2024, Standard Chartered has the Risk Adjusted Performance of 0.033, semi deviation of 2.73, and Coefficient Of Variation of 2520.55. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Standard Chartered PLC, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Standard Chartered PLC, which can be compared to its competition. Please validate Standard Chartered PLC coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Standard Chartered is priced more or less accurately, providing market reflects its prevalent price of 8.0 per share. Given that Standard Chartered PLC has jensen alpha of 0.1065, we advise you to double-check Standard Chartered PLC's current market performance to make sure the company can sustain itself at a future point.

Standard Chartered Momentum Analysis

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

Standard Chartered PLC Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Standard Chartered PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Standard Chartered PLC Trend Analysis

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

Standard Chartered Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Standard Chartered PLC applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Standard Chartered PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.23, which is the sum of squared deviations for the predicted Standard Chartered price change compared to its average price change.

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

Standard Chartered April 16, 2024 Technical Indicators

Most technical analysis of Standard 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 Standard from various momentum indicators to cycle indicators. When you analyze Standard 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.

Standard Chartered April 16, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Standard stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Chartered 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 census.
Note that the Standard Chartered PLC information on this page should be used as a complementary analysis to other Standard Chartered'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Standard Pink Sheet analysis

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