ITC Technical Analysis

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ITC -- India Stock  

INR 197.20  4.60  2.28%

As of the 4th of June ITC owns Market Risk Adjusted Performance of 6.75. ITC LTD technical analysis makes it possible for you to employ past data patterns with intention to determine a pattern that calculates the direction of the corporation future prices. Strictly speaking, you can use this information to find out if the corporation will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for ITC, which can be compared to its peers in the sector. Please check out ITC LTD Mean Deviation, Downside Deviation, Standard Deviation, as well as the relationship between Semi Deviation and Coefficient Of Variation to decide if ITC LTD is priced favorably providing market reflects its prevailing price of 197.2 per share.

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ITC 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 ITC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst, therefore, looks at the history of ITC 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...

ITC LTD Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for ITC LTD across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

ITC LTD Trend Analysis

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

ITC Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ITC LTD applied against its price change over selected period. The best fit line has a slop of   -0.26  which may suggest that ITC LTD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2572.73, which is the sum of squared deviations for the predicted ITC price change compared to its average price change.

About ITC Technical Analysis

The Macroaxis 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 ITC 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 ITC LTD based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ITC LTD stock first instead of the macroeconomic environment surrounding ITC LTD . By analyzing ITC's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ITC'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 ITC specific price patterns or momentum indicators. Please read more on our technical analysis page.
ITC Limited engages in the fast moving consumer goods, hotels, paperboards, paper and packaging, agri, and information technology businesses worldwide. ITC Limited was incorporated in 1910 and is based in Kolkata, India. ITC operates under Tobacco classification in India and is traded on Bombay Stock Exchange. It employs 33305 people.

ITC June 4, 2020 Technical Indicators

Please see Risk vs Return Analysis. Please also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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