Asian Paints (India) Technical Analysis Overview

ASIANPAINT -- India Stock  

INR 1,262  16.80  1.31%

Asian Paints Limited shows Downside Deviation of 1.27, Risk Adjusted Performance of 0.1414 and Mean Deviation of 1.45. Asian Paints Limited 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 Asian Paints Limited which can be compared to its rivals. Please confirm Asian Paints Limited Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Asian Paints Limited is priced correctly providing market reflects its regular price of 1262.0 per share.
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Asian Paints Limited Technical Analysis

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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 Asian Paints Limited 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.

Asian Paints Limited Trend Analysis

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

Asian Paints Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Asian Paints Limited applied against its price change over selected period. The best fit line has a slop of 1.90 % which means Asian Paints Limited will continue generating value for investors. It has 34 observation points and a regression sum of squares at 2955.65, which is the sum of squared deviations for the predicted Asian Paints price change compared to its average price change.

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Asian Paints Market Strength

Asian Paints November 15, 2018 Daily Price Condition

Check also Trending Equities. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.