Alcoa Corp (Germany) Technical Analysis

185 Stock  EUR 35.30  0.40  1.12%   
As of the 23rd of December, Alcoa Corp shows the mean deviation of 2.33, and Risk Adjusted Performance of 0.0687. Alcoa Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alcoa Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Alcoa Corp is priced correctly, providing market reflects its regular price of 35.3 per share.

Alcoa Corp Momentum Analysis

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

Alcoa Corp 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 Alcoa Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alcoa Corp Trend Analysis

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

Alcoa Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alcoa Corp applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Alcoa Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 261.26, which is the sum of squared deviations for the predicted Alcoa Corp price change compared to its average price change.

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

Alcoa Corp December 23, 2024 Technical Indicators

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

Complementary Tools for Alcoa Stock analysis

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