BLACK Bond Technical Analysis

092113AQ2 -  USA Bond  

 117.63  0.51  0.43%

As of the 18th of September 2021, BLACK owns the coefficient of variation of 1690.09, and Market Risk Adjusted Performance of 0.1432. In respect to fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of BLACK HILLS CORP, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for BLACK, which can be compared to its peers in the sector. Please confirm BLACK HILLS CORP coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if BLACK HILLS CORP is priced correctly, providing market reflects its prevailing price of 117.63 per share.

Search Technical Analysis 

 
Refresh
BLACK technical bond 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 BLACK technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BLACK 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...

BLACK HILLS CORP Trend Analysis

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

BLACK Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BLACK HILLS CORP applied against its price change over selected period. The best fit line has a slop of   0.08  , which means BLACK HILLS CORP will continue generating value for investors. It has 122 observation points and a regression sum of squares at 252.7, which is the sum of squared deviations for the predicted BLACK price change compared to its average price change.

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

BLACK September 18, 2021 Technical Indicators

Most technical analysis of BLACK 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 BLACK from various momentum indicators to cycle indicators. When you analyze BLACK 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.
Also, please take a look at World Market Map. Note that the BLACK HILLS CORP information on this page should be used as a complementary analysis to other BLACK's 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for BLACK Bond analysis

When running BLACK HILLS CORP price analysis, check to measure BLACK'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 BLACK is operating at the current time. Most of BLACK's value examination focuses on studying past and present price action to predict the probability of BLACK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BLACK's price. Additionally, you may evaluate how the addition of BLACK to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Please note, there is a significant difference between BLACK's value and its price as these two are different measures arrived at by different means. Investors typically determine BLACK value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BLACK'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.