Tenneco Technical Analysis

Tenneco Inc -- USA Stock  

USD 61.95  1.74  2.73%

Tenneco Inc has Semi Deviation of 1.17, Coefficient Of Variation of 351.58 and Risk Adjusted Performance of 0.119. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Tenneco Inc as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Tenneco Inc which can be compared to its competition. Please validate Tenneco Inc Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Tenneco is priced more or less accurately providing market reflects its prevalent price of 61.95 per share. Given that Tenneco Inc has Jensen Alpha of 0.3803, we advise you double-check Tenneco Inc current market performance to make sure the company can sustain itself at future point.
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Tenneco Inc 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 Tenneco Inc 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.

Tenneco Inc Trend Analysis

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

Tenneco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tenneco Inc applied against its price change over selected period. The best fit line has a slop of 0.38 % which may imply that Tenneco Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 118.01, which is the sum of squared deviations for the predicted Tenneco price change compared to its average price change.

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Tenneco Inc is rated fifth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.24  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Tenneco Inc is roughly  1.24