MerVal (Argentina) Technical Analysis

MERV -- Argentina Index  

 36,562  1,119  3.16%

As of the 8th of December MerVal secures Mean Deviation of 2.51, Downside Deviation of 3.68 and Risk Adjusted Performance of 0.0949. Macroaxis technical analysis interface lets you check existing technical drivers of MerVal as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for MerVal which can be compared to its peers in the industry. Please verify MerVal Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if MerVal is priced some-what accurately providing market reflects its recent price of 36561.95 per share.
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MerVal Trend Analysis

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

MerVal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MerVal applied against its price change over selected period. The best fit line has a slop of   93.82  which means MerVal will continue producing value for investors. It has 122 observation points and a regression sum of squares at 3.3288549669E8, which is the sum of squared deviations for the predicted MerVal price change compared to its average price change.

MerVal December 8, 2019 Technical Indicators

MerVal December 8, 2019 Daily Price Condition

See also Your Current Watchlist. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.