Tessco Technologies Incorporated Stock Technical Analysis

TESSDelisted Stock  USD 8.99  0.00  0.00%   
As of the 23rd of April, TESSCO Technologies has the risk adjusted performance of 0.09, and Standard Deviation of 0.1869. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of TESSCO Technologies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect eighteen technical drivers for TESSCO Technologies Incorporated, which can be compared to its competition. Please validate TESSCO Technologies treynor ratio and expected short fall to decide if TESSCO Technologies is priced adequately, providing market reflects its prevalent price of 8.99 per share. Given that TESSCO Technologies has treynor ratio of 0.72, we advise you to double-check TESSCO Technologies Incorporated's current market performance to make sure the company can sustain itself at some point in the future.

TESSCO Technologies Momentum Analysis

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

TESSCO Technologies Technical Analysis

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TESSCO Technologies Trend Analysis

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

TESSCO Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TESSCO Technologies Incorporated applied against its price change over selected period. The best fit line has a slop of    , which means TESSCO Technologies Incorporated will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.85, which is the sum of squared deviations for the predicted TESSCO Technologies price change compared to its average price change.

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

TESSCO Technologies April 23, 2024 Technical Indicators

Most technical analysis of TESSCO 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 TESSCO from various momentum indicators to cycle indicators. When you analyze TESSCO 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
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.

Other Consideration for investing in TESSCO Stock

If you are still planning to invest in TESSCO Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TESSCO Technologies' history and understand the potential risks before investing.
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