Mills Estruturas (Brazil) Technical Analysis

MILS3 Stock  BRL 13.45  0.02  0.15%   
As of the 30th of April, Mills Estruturas secures the Risk Adjusted Performance of 0.0333, mean deviation of 1.32, and Downside Deviation of 1.64. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mills Estruturas e, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Mills Estruturas, which can be compared to its peers in the industry. Please verify Mills Estruturas e maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Mills Estruturas e is priced some-what accurately, providing market reflects its recent price of 13.45 per share.

Mills Estruturas Momentum Analysis

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

Mills Estruturas e Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Mills Estruturas e volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mills Estruturas e Trend Analysis

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

Mills Estruturas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mills Estruturas e applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Mills Estruturas e will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.59, which is the sum of squared deviations for the predicted Mills Estruturas price change compared to its average price change.

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

Mills Estruturas April 30, 2024 Technical Indicators

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

Mills Estruturas April 30, 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 Mills 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mills Estruturas e. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Mills Estruturas e information on this page should be used as a complementary analysis to other Mills Estruturas' 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Mills Stock analysis

When running Mills Estruturas' price analysis, check to measure Mills Estruturas' 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 Mills Estruturas is operating at the current time. Most of Mills Estruturas' value examination focuses on studying past and present price action to predict the probability of Mills Estruturas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mills Estruturas' price. Additionally, you may evaluate how the addition of Mills Estruturas to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mills Estruturas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mills Estruturas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mills Estruturas' 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.