Timkensteel Corp Stock Technical Analysis

TMSTDelisted Stock  USD 20.40  0.39  1.95%   
As of the 23rd of April, Timkensteel Corp has the Risk Adjusted Performance of 0.0168, coefficient of variation of 6280.74, and Semi Deviation of 2.58. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Timkensteel Corp, 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 are able to interpolate and collect nineteen technical drivers for Timkensteel Corp, which can be compared to its competition. Please validate Timkensteel Corp standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Timkensteel Corp is priced more or less accurately, providing market reflects its prevalent price of 20.4 per share. Given that Timkensteel Corp has jensen alpha of 0.0024, we advise you to double-check Timkensteel Corp's current market performance to make sure the company can sustain itself at a future point.

Timkensteel Corp Momentum Analysis

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

Timkensteel Corp Technical Analysis

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Timkensteel Corp Trend Analysis

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

Timkensteel Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Timkensteel Corp applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Timkensteel Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 31.47, which is the sum of squared deviations for the predicted Timkensteel Corp price change compared to its average price change.

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

Timkensteel Corp April 23, 2024 Technical Indicators

Most technical analysis of Timkensteel 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 Timkensteel from various momentum indicators to cycle indicators. When you analyze Timkensteel 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Consideration for investing in Timkensteel Stock

If you are still planning to invest in Timkensteel Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Timkensteel Corp's history and understand the potential risks before investing.
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