Cotton Index Technical Analysis
| BCOMCT Index | 28.54 0.13 0.46% |
Cotton Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cotton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CottonCotton'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.Cotton technical index 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, index market cycles, or different charting patterns.
Cotton Trend Analysis
Use this graph to draw trend lines for Cotton. You can use it to identify possible trend reversals for Cotton 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 Cotton price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cotton Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cotton applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Cotton market price will keep on failing further. It has 122 observation points and a regression sum of squares at 27.71, which is the sum of squared deviations for the predicted Cotton price change compared to its average price change.Cotton April 19, 2024 Technical Indicators
Most technical analysis of Cotton 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 Cotton from various momentum indicators to cycle indicators. When you analyze Cotton 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Mean Deviation | 1.29 | |||
| Coefficient Of Variation | (6,000) | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.75 | |||
| Information Ratio | (0.06) | |||
| Total Risk Alpha | (0.19) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.54 | |||
| Skewness | (0.02) | |||
| Kurtosis | 0.514 |
Cotton April 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Cotton stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.02 | ||
| Daily Balance Of Power | 0.28 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 28.50 | ||
| Day Typical Price | 28.51 | ||
| Price Action Indicator | 0.10 | ||
| Market Facilitation Index | 0.46 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Cotton information on this page should be used as a complementary analysis to other Cotton's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.