Alkem Laboratories (India) Technical Analysis Overview

ALKEM -- India Stock  

INR 2,052  11.50  0.56%

Alkem Laboratories Limited shows Risk Adjusted Performance of 0.016693 and Mean Deviation of 1.5. Alkem Laboratories 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 Alkem Laboratories Limited which can be compared to its rivals. Please confirm Alkem Laboratories Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Alkem Laboratories is priced correctly providing market reflects its regular price of 2052.0 per share.
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Alkem Laboratories 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 Alkem Laboratories 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.

Alkem Laboratories Trend Analysis

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

Alkem Laboratories Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alkem Laboratories Limited applied against its price change over selected period. The best fit line has a slop of 1.43 % which may suggest that Alkem Laboratories Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 1660.7, which is the sum of squared deviations for the predicted Alkem Laboratories price change compared to its average price change.

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Alkem Laboratories Market Strength

Alkem Laboratories September 21, 2018 Daily Price Condition

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