Harmony Gold (Argentina) Math Transform Inverse Tangent Over Price Movement

HMY Stock  ARS 11,944  536.50  4.70%   
Harmony Gold math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Harmony Gold. Harmony Gold value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Harmony Gold can be made when Harmony Gold shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Harmony Gold Mining Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Harmony Gold price patterns.

Harmony Gold Technical Analysis Modules

Most technical analysis of Harmony Gold 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 Harmony from various momentum indicators to cycle indicators. When you analyze Harmony charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Harmony Gold Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Harmony Gold Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Harmony Gold Mining based on widely used predictive technical indicators. In general, we focus on analyzing Harmony Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harmony Gold's daily price indicators and compare them against related drivers, such as math transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Harmony Gold's intrinsic value. In addition to deriving basic predictive indicators for Harmony Gold, we also check how macroeconomic factors affect Harmony Gold price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Harmony Gold's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11,94011,94411,947
Details
Intrinsic
Valuation
LowRealHigh
9,3139,31613,138
Details
Naive
Forecast
LowNextHigh
11,48111,48411,487
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8,51910,45412,388
Details

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Additional Information and Resources on Investing in Harmony Stock

When determining whether Harmony Gold Mining offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Harmony Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Harmony Gold Mining Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Harmony Gold Mining Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Harmony Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harmony Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harmony Gold'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.