Usinas Siderrgicas (Brazil) Technical Analysis

USIM5 Preferred Stock  BRL 8.76  0.34  3.74%   
As of the 25th of April, Usinas Siderrgicas has the Semi Deviation of 3.28, coefficient of variation of 3257.42, and Risk Adjusted Performance of 0.0268. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Usinas Siderrgicas, 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 were able to analyze nineteen technical drivers for Usinas Siderrgicas de, which can be compared to its competition. Please validate Usinas Siderrgicas maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Usinas Siderrgicas is priced more or less accurately, providing market reflects its prevalent price of 8.76 per share.

Usinas Siderrgicas Momentum Analysis

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

Usinas Siderrgicas Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Usinas Siderrgicas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Usinas Siderrgicas Trend Analysis

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

Usinas Siderrgicas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Usinas Siderrgicas de applied against its price change over selected period. The best fit line has a slop of    , which means Usinas Siderrgicas de will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.93, which is the sum of squared deviations for the predicted Usinas Siderrgicas price change compared to its average price change.

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

Usinas Siderrgicas April 25, 2024 Technical Indicators

Most technical analysis of Usinas 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 Usinas from various momentum indicators to cycle indicators. When you analyze Usinas 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, which includes a position in Usinas Siderrgicas de. 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 Usinas Siderrgicas information on this page should be used as a complementary analysis to other Usinas Siderrgicas' 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Usinas Preferred Stock analysis

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