Abans Electricals (Sri Lanka) Technical Analysis

ABANN0000   179.00  6.00  3.47%   
As of the 20th of April, Abans Electricals shows the mean deviation of 1.47, and Risk Adjusted Performance of 0.0852. Our technical analysis interface gives you tools to check existing technical drivers of Abans Electricals PLC, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Abans Electricals PLC, which can be compared to its peers. Please confirm Abans Electricals PLC information ratio, and the relationship between the downside deviation and value at risk to decide if Abans Electricals PLC is priced correctly, providing market reflects its regular price of 179.0 per share.

Abans Electricals Momentum Analysis

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

Abans Electricals PLC 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 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 Abans Electricals PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Abans Electricals PLC Trend Analysis

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

Abans Electricals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Abans Electricals PLC applied against its price change over selected period. The best fit line has a slop of   0.45  , which means Abans Electricals PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7705.42, which is the sum of squared deviations for the predicted Abans Electricals price change compared to its average price change.

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

Abans Electricals April 20, 2024 Technical Indicators

Most technical analysis of Abans 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 Abans from various momentum indicators to cycle indicators. When you analyze Abans 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Abans Electricals PLC. 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Abans Stock analysis

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