Telenav Technical Analysis

TNAV -- USA Stock  

USD 5.06  0.17  3.25%

As of 18 of September Telenav has Risk Adjusted Performance of (0.05) and Coefficient Of Variation of (1,421). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Telenav 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 Telenav which can be compared to its competition. Please validate Telenav Standard Deviation, Maximum Drawdown as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Telenav is priced more or less accurately providing market reflects its prevalent price of 5.06 per share. Given that Telenav has Jensen Alpha of (0.40), we advise you double-check Telenav current market performance to make sure the company can sustain itself at future point.
Target PriceAdvice# of Analysts
10.25Strong Buy2Odds
Telenav current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Telenav Analyst Advice  
Horizon     30 Days    Login   to change

Telenav Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Telenav across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Telenav Trend Analysis

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

Telenav Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Telenav applied against its price change over selected period. The best fit line has a slop of 0.01 % which may suggest that Telenav market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.03, which is the sum of squared deviations for the predicted Telenav price change compared to its average price change.

Telenav September 18, 2019 Technical Indicators

Telenav September 18, 2019 Daily Price Condition

Also please take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.