Jollibee Foods Corp Stock Technical Analysis

JBFCY Stock  USD 16.00  0.74  4.42%   
As of the 18th of April 2024, Jollibee Foods retains the Market Risk Adjusted Performance of (0.59), risk adjusted performance of (0.07), and Standard Deviation of 2.08. Jollibee Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for Jollibee Foods Corp, which can be compared to its competitors. Please check out Jollibee Foods Corp variance and potential upside to decide if Jollibee Foods is priced fairly, providing market reflects its last-minute price of 16.0 per share. Given that Jollibee Foods Corp has information ratio of (0.16), we strongly advise you to confirm Jollibee Foods Corp's regular market performance to make sure the company can sustain itself at a future point.

Jollibee Foods Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jollibee, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jollibee
  
Jollibee Foods' 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.
Jollibee Foods 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 Jollibee Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jollibee Foods 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...

Jollibee Foods Corp Technical Analysis

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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 Jollibee Foods Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jollibee Foods Corp Trend Analysis

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

Jollibee Foods Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jollibee Foods Corp applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Jollibee Foods Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.15, which is the sum of squared deviations for the predicted Jollibee Foods price change compared to its average price change.

About Jollibee Foods 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 Jollibee Foods Corp 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 Jollibee Foods Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jollibee Foods Corp price pattern first instead of the macroeconomic environment surrounding Jollibee Foods Corp. By analyzing Jollibee Foods'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 Jollibee Foods'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 Jollibee Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.

Jollibee Foods April 18, 2024 Technical Indicators

Most technical analysis of Jollibee 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 Jollibee from various momentum indicators to cycle indicators. When you analyze Jollibee 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jollibee Foods Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Jollibee Foods Corp information on this page should be used as a complementary analysis to other Jollibee Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Jollibee Pink Sheet analysis

When running Jollibee Foods' price analysis, check to measure Jollibee Foods' 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 Jollibee Foods is operating at the current time. Most of Jollibee Foods' value examination focuses on studying past and present price action to predict the probability of Jollibee Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jollibee Foods' price. Additionally, you may evaluate how the addition of Jollibee Foods to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jollibee Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jollibee Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jollibee Foods' 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.