Allahabad Bank (India) Technical Analysis Overview

ALBK -- India Stock  

INR 39.85  0.80  1.97%

Allahabad Bank shows Risk Adjusted Performance of 0.06 and Mean Deviation of 1.79. Allahabad Bank technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Allahabad Bank which can be compared to its rivals. Please confirm Allahabad Bank Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if Allahabad Bank is priced correctly providing market reflects its regular price of 39.85 per share.
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Allahabad Bank Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of five. 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 Allahabad Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Allahabad Bank Trend Analysis

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

Allahabad Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Allahabad Bank applied against its price change over selected period. The best fit line has a slop of 0.01 % which may suggest that Allahabad Bank market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted Allahabad Bank price change compared to its average price change.

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Allahabad Bank Market Strength

Allahabad Bank September 18, 2018 Daily Price Condition

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