Oppenheimer Mutual Fund Technical Analysis

OSCNX Fund  USD 18.20  0.10  0.55%   
As of the 21st of September, Oppenheimer Main holds the Coefficient Of Variation of (3,564), variance of 0.752, and Risk Adjusted Performance of (0.013034). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenheimer Main, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Oppenheimer Main Street, which can be compared to its competitors. Please check Oppenheimer Main Street market risk adjusted performance and treynor ratio to decide if Oppenheimer Main Street is priced some-what accurately, providing market reflects its current price of 18.2 per share.

Oppenheimer Main Momentum Analysis

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

Oppenheimer Main Street Technical Analysis

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The output start index for this execution was six with a total number of output elements of fifty-five. 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 Oppenheimer Main Street volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Oppenheimer Main Street Trend Analysis

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

Oppenheimer Main Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oppenheimer Main Street applied against its price change over selected period. The best fit line has a slop of   0.0079  , which may suggest that Oppenheimer Main Street market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.38, which is the sum of squared deviations for the predicted Oppenheimer Main price change compared to its average price change.

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

Oppenheimer Main September 21, 2023 Technical Indicators

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

Oppenheimer Main September 21, 2023 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 Oppenheimer 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Main Street. Also, note that the market value of any Mutual Fund could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Oppenheimer Mutual Fund analysis

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