Alimentation Couchen Tard Stock Technical Analysis

ANCTF Stock  USD 54.70  0.37  0.68%   
As of the 18th of April 2024, Alimentation Couchen shows the Standard Deviation of 1.41, mean deviation of 1.1, and Risk Adjusted Performance of (0.03). Alimentation Couchen Tard 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's future prices. Put another way, 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 were able to interpolate and analyze data for thirteen technical drivers for Alimentation Couchen Tard, which can be compared to its peers. Please confirm Alimentation Couchen Tard coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Alimentation Couchen Tard is priced correctly, providing market reflects its regular price of 54.7 per share. Given that Alimentation Couchen has information ratio of (0.1), we suggest you to validate Alimentation Couchen Tard's prevailing market performance to make sure the company can sustain itself at a future point.

Alimentation Couchen Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alimentation, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alimentation
  
Alimentation Couchen's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Alimentation Couchen technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Alimentation Couchen technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alimentation Couchen trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Alimentation Couchen Tard Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Alimentation Couchen Tard volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alimentation Couchen Tard Trend Analysis

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

Alimentation Couchen Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alimentation Couchen Tard applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Alimentation Couchen Tard market price will keep on failing further. It has 122 observation points and a regression sum of squares at 353.37, which is the sum of squared deviations for the predicted Alimentation Couchen price change compared to its average price change.

About Alimentation Couchen Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alimentation Couchen Tard on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alimentation Couchen Tard based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alimentation Couchen Tard price pattern first instead of the macroeconomic environment surrounding Alimentation Couchen Tard. By analyzing Alimentation Couchen's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alimentation Couchen's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alimentation Couchen specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alimentation Couchen April 18, 2024 Technical Indicators

Most technical analysis of Alimentation 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 Alimentation from various momentum indicators to cycle indicators. When you analyze Alimentation charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alimentation Couchen Tard. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Alimentation Pink Sheet analysis

When running Alimentation Couchen's price analysis, check to measure Alimentation Couchen'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 Alimentation Couchen is operating at the current time. Most of Alimentation Couchen's value examination focuses on studying past and present price action to predict the probability of Alimentation Couchen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alimentation Couchen's price. Additionally, you may evaluate how the addition of Alimentation Couchen to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Commodity Directory
Find actively traded commodities issued by global exchanges
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Please note, there is a significant difference between Alimentation Couchen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alimentation Couchen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alimentation Couchen'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.