Tamar Petroleum (Israel) Technical Analysis

TMRP Stock   2,308  44.00  1.87%   
As of the 25th of April, Tamar Petroleum has the Semi Deviation of 1.71, risk adjusted performance of 0.1077, and Coefficient Of Variation of 627.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tamar Petroleum, 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 were able to interpolate nineteen technical drivers for Tamar Petroleum, which can be compared to its competition. Please validate Tamar Petroleum jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Tamar Petroleum is priced more or less accurately, providing market reflects its prevalent price of 2308.0 per share.

Tamar Petroleum Momentum Analysis

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

Tamar Petroleum Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Tamar Petroleum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tamar Petroleum Trend Analysis

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

Tamar Petroleum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tamar Petroleum applied against its price change over selected period. The best fit line has a slop of   11.54  , which means Tamar Petroleum will continue producing value for investors. It has 122 observation points and a regression sum of squares at 5040609.58, which is the sum of squared deviations for the predicted Tamar Petroleum price change compared to its average price change.

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

Tamar Petroleum April 25, 2024 Technical Indicators

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

Tamar Petroleum 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 Tamar 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 Tamar Petroleum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Tamar Stock analysis

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