Thrivent High Yield Fund Technical Analysis

LBHIX Fund  USD 4.16  0.01  0.24%   
As of the 22nd of June, Thrivent High has the Coefficient Of Variation of 888.53, semi deviation of 0.0715, and Risk Adjusted Performance of 0.056. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thrivent High Yield, as well as the relationship between them.

Thrivent High Momentum Analysis

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

Thrivent High Yield Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Thrivent High Yield volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thrivent High Yield Trend Analysis

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

Thrivent High Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thrivent High Yield applied against its price change over selected period. The best fit line has a slop of    , which means Thrivent High Yield will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Thrivent High price change compared to its average price change.

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

Thrivent High June 22, 2024 Technical Indicators

Most technical analysis of Thrivent 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 Thrivent from various momentum indicators to cycle indicators. When you analyze Thrivent 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.

Other Information on Investing in Thrivent Mutual Fund

Thrivent High financial ratios help investors to determine whether Thrivent Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thrivent with respect to the benefits of owning Thrivent High security.
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