Sumitomo Stock Volatility Indicators Average True Range

SSUMF Stock  USD 27.93  0.04  0.14%   
Sumitomo volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Sumitomo. Sumitomo 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 volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Sumitomo volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

Indicator
Time Period
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 Sumitomo volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sumitomo Technical Analysis Modules

Most technical analysis of Sumitomo 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 Sumitomo from various momentum indicators to cycle indicators. When you analyze Sumitomo 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 Sumitomo 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 Sumitomo. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sumitomo based on widely used predictive technical indicators. In general, we focus on analyzing Sumitomo Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sumitomo's daily price indicators and compare them against related drivers, such as volatility indicators 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 Sumitomo's intrinsic value. In addition to deriving basic predictive indicators for Sumitomo, we also check how macroeconomic factors affect Sumitomo 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 Sumitomo'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
0.000.001.98
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Intrinsic
Valuation
LowRealHigh
0.326.468.44
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Naive
Forecast
LowNextHigh
26.7028.6830.67
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
22.8025.0527.30
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sumitomo. Your research has to be compared to or analyzed against Sumitomo's peers to derive any actionable benefits. When done correctly, Sumitomo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sumitomo.

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