BEML (India) Technical Analysis Overview

BEML -- India Stock  

INR 646.45  36.30  5.32%

BEML Limited shows Risk Adjusted Performance of 0.21 and Mean Deviation of 1.95. BEML 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 BEML Limited which can be compared to its rivals. Please confirm BEML Limited Variance, Jensen Alpha and the relationship between Standard Deviation and Information Ratio to decide if BEML Limited is priced adequately providing market reflects its regular price of 646.45 per share.
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BEML Limited Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 BEML 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.

BEML Limited Trend Analysis

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

BEML Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BEML Limited applied against its price change over selected period. The best fit line has a slop of 6.24 % which may suggest that BEML Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 31768.84, which is the sum of squared deviations for the predicted BEML price change compared to its average price change.

Current Sentiment - BEML

BEML Limited Investor Sentiment

Most of Macroaxis users are currently bullish on BEML Limited. What is your opinion about investing in BEML Limited? Are you bullish or bearish?
98% Bullish
2% Bearish

BEML Market Strength

BEML September 25, 2018 Daily Price Condition

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