Secom Ltd Stock Technical Analysis

SOMLF Stock  USD 70.80  0.34  0.48%   
As of the 25th of April, SECOM CO owns the standard deviation of 1.11, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model makes it possible for you to check helpful technical drivers of SECOM LTD, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for SECOM CO, which can be compared to its peers in the sector. Please validate SECOM LTD coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if SECOM LTD is priced fairly, providing market reflects its prevailing price of 70.8 per share. Given that SECOM LTD has information ratio of (0.15), we advise you to double-check SECOM CO's latest market performance to make sure the company can sustain itself in the future.

SECOM CO Momentum Analysis

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

SECOM LTD Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SECOM LTD volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SECOM LTD Trend Analysis

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

SECOM CO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SECOM LTD applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that SECOM LTD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 51.45, which is the sum of squared deviations for the predicted SECOM CO price change compared to its average price change.

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

SECOM CO April 25, 2024 Technical Indicators

Most technical analysis of SECOM 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 SECOM from various momentum indicators to cycle indicators. When you analyze SECOM 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.

SECOM CO April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SECOM stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SECOM LTD. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for SECOM Pink Sheet analysis

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