Golan Plastic (Israel) Technical Analysis

GLPL Stock  ILS 818.00  0.00  0.00%   
As of the 23rd of April, Golan Plastic retains the Market Risk Adjusted Performance of (0.33), risk adjusted performance of (0.03), and Standard Deviation of 2.08. Golan Plastic technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Golan Plastic, which can be compared to its competitors. Please check out Golan Plastic treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Golan Plastic is priced fairly, providing market reflects its last-minute price of 818.0 per share.

Golan Plastic Momentum Analysis

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

Golan Plastic Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Golan Plastic volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Golan Plastic Trend Analysis

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

Golan Plastic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Golan Plastic applied against its price change over selected period. The best fit line has a slop of   0.72  , which may suggest that Golan Plastic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19726.17, which is the sum of squared deviations for the predicted Golan Plastic price change compared to its average price change.

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

Golan Plastic April 23, 2024 Technical Indicators

Most technical analysis of Golan 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 Golan from various momentum indicators to cycle indicators. When you analyze Golan 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golan Plastic. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Golan Stock analysis

When running Golan Plastic's price analysis, check to measure Golan Plastic'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 Golan Plastic is operating at the current time. Most of Golan Plastic's value examination focuses on studying past and present price action to predict the probability of Golan Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golan Plastic's price. Additionally, you may evaluate how the addition of Golan Plastic to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Commodity Directory
Find actively traded commodities issued by global exchanges
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
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
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Please note, there is a significant difference between Golan Plastic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golan Plastic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golan Plastic'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.