Wells Fargo Emerging Fund Technical Analysis

EMGNX Fund  USD 25.95  0.13  0.50%   
As of the 4th of June, Wells Fargo maintains the Downside Deviation of 0.9661, market risk adjusted performance of 0.4843, and Mean Deviation of 0.6529. Wells Fargo Emerging technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the fund's future prices. Specifically, you can use this information to find out if the fund will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Wells Fargo Emerging, which can be compared to its peers. Please check out Wells Fargo Emerging downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Wells Fargo Emerging is priced fairly, providing market reflects its latest price of 25.95 per share.

Wells Fargo Momentum Analysis

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

Wells Fargo Emerging Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Wells Fargo Emerging volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wells Fargo Emerging Trend Analysis

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

Wells Fargo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wells Fargo Emerging applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Wells Fargo Emerging will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.93, which is the sum of squared deviations for the predicted Wells Fargo price change compared to its average price change.