Magazine Luiza (Brazil) Momentum Indicators Commodity Channel Index

MGLU3 Stock  BRL 9.31  0.11  1.20%   
Magazine Luiza momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Magazine Luiza. Magazine Luiza value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Magazine Luiza are pattern recognition functions that provide distinct formation on Magazine Luiza potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Commodity Channel Index (CCI) is designed to detect Magazine Luiza beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Magazine Luiza SA is making new highs, and the CCI is not, then a price correction is likely to happen soon.
JavaScript chart by amCharts 3.21.15SepOctNovOct 28NovNov 11Nov 18Nov 25Dec9.09.510.010.5 5M10M15M20M25M30M35M40M45M50M55M60M -150-100-50050100150200 41.8K42K42.2K42.4K42.6K42.8K43K43.2K43.4K43.6K43.8K44K44.2K44.4K44.6K44.8K45K Show all
JavaScript chart by amCharts 3.21.15Magazine Luiza SA Volume Magazine Luiza SA Closing Prices Dow Jones Industrial Closing Prices - Benchmark Magazine Luiza SA Commodity Channel Index

Magazine Luiza Technical Analysis Modules

Most technical analysis of Magazine Luiza 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 Magazine from various momentum indicators to cycle indicators. When you analyze Magazine charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magazine Luiza Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magazine Luiza SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magazine Luiza SA based on widely used predictive technical indicators. In general, we focus on analyzing Magazine Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magazine Luiza's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magazine Luiza's intrinsic value. In addition to deriving basic predictive indicators for Magazine Luiza, we also check how macroeconomic factors affect Magazine Luiza price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5.919.3112.71
Details
Intrinsic
Valuation
LowRealHigh
4.878.2711.67
Details
Naive
Forecast
LowNextHigh
6.049.4412.84
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.969.399.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magazine Luiza. Your research has to be compared to or analyzed against Magazine Luiza's peers to derive any actionable benefits. When done correctly, Magazine Luiza's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magazine Luiza SA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magazine Luiza in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magazine Luiza's short interest history, or implied volatility extrapolated from Magazine Luiza options trading.

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Additional Tools for Magazine Stock Analysis

When running Magazine Luiza's price analysis, check to measure Magazine Luiza'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 Magazine Luiza is operating at the current time. Most of Magazine Luiza's value examination focuses on studying past and present price action to predict the probability of Magazine Luiza's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magazine Luiza's price. Additionally, you may evaluate how the addition of Magazine Luiza to your portfolios can decrease your overall portfolio volatility.