Atlantica Yield Technical Analysis Overview

AY -- USA Stock  

USD 20.17  0.19  0.95%

Atlantica Yield plc shows Risk Adjusted Performance of 0.08 and Mean Deviation of 0.5761. Atlantica Yield plc 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 Atlantica Yield plc which can be compared to its rivals. Please confirm Atlantica Yield plc Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Atlantica Yield plc is priced correctly providing market reflects its regular price of 20.17 per share. Given that Atlantica Yield has Jensen Alpha of 0.007605, we suggest you validate Atlantica Yield plc prevailing market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Atlantica Yield plc Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
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 Atlantica Yield plc 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.

Atlantica Yield plc Trend Analysis

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

Atlantica Yield Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Atlantica Yield plc applied against its price change over selected period. The best fit line has a slop of 0.04 % which may indicate that the price for Atlantica Yield plc will continue to decline. It has 34 observation points and a regression sum of squares at 1.05, which is the sum of squared deviations for the predicted Atlantica Yield price change compared to its average price change.

Did you try this?

Run World Markets Correlation Now


World Markets Correlation

Find global opportunities by holding instruments from different markets
All  Next Launch World Markets Correlation

Atlantica Yield Market Strength

Atlantica Yield October 19, 2018 Daily Price Condition

Check also Trending Equities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.