Danel (Israel) Technical Analysis

DANE Stock  ILS 33,900  310.00  0.91%   
As of the 17th of April 2024, Danel shows the Coefficient Of Variation of 2367.08, downside deviation of 2.23, and Mean Deviation of 1.89. Danel technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. 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 Danel, which can be compared to its peers. Please confirm Danel standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Danel is priced favorably, providing market reflects its regular price of 33900.0 per share.

Danel Momentum Analysis

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

Danel Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. 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 Danel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Danel Trend Analysis

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

Danel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Danel applied against its price change over selected period. The best fit line has a slop of   36.55  , which means Danel will continue producing value for investors. It has 122 observation points and a regression sum of squares at 5.051498784E7, which is the sum of squared deviations for the predicted Danel price change compared to its average price change.

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

Danel April 17, 2024 Technical Indicators

Most technical analysis of Danel 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 Danel from various momentum indicators to cycle indicators. When you analyze Danel 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danel. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Danel Stock analysis

When running Danel's price analysis, check to measure Danel's 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 Danel is operating at the current time. Most of Danel's value examination focuses on studying past and present price action to predict the probability of Danel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danel's price. Additionally, you may evaluate how the addition of Danel to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Transaction History
View history of all your transactions and understand their impact on performance
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Danel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danel's 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.