LACTOSE Technical Analysis

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LACTOSE -- India Stock  

INR 18.30  1.75  8.73%

As of the 28th of May LACTOSE owns Mean Deviation of 3.51 and Market Risk Adjusted Performance of (2.50). In respect to Fundamental Indicators, Macroaxis technical analysis interface lets you check possible technical drivers of LACTOSE LTD as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for LACTOSE, which can be compared to its peers in the sector. Please verify LACTOSE LTD Variance as well as the relationship between Value At Risk and Skewness to decide if LACTOSE LTD is priced more or less accurately providing market reflects its prevailing price of 18.3 per share.

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LACTOSE LTD Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 LACTOSE LTD 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.

LACTOSE LTD Trend Analysis

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

LACTOSE Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LACTOSE LTD applied against its price change over selected period. The best fit line has a slop of   -0.08  which may suggest that LACTOSE LTD market price will keep on failing further. It has 122 observation points and a regression sum of squares at 229.82, which is the sum of squared deviations for the predicted LACTOSE price change compared to its average price change.

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

LACTOSE May 28, 2020 Technical Indicators

Additionally, see Stocks Correlation. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
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