Adcorp (South Africa) Technical Analysis

ADR Stock   480.00  10.00  2.04%   
As of the 23rd of December, Adcorp shows the risk adjusted performance of 0.0491, and Mean Deviation of 2.08. Adcorp 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 Adcorp mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Adcorp is priced correctly, providing market reflects its regular price of 480.0 per share.

Adcorp Momentum Analysis

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

Adcorp Technical Analysis

Indicator
Time Period
Execute Indicator
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 Adcorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Adcorp Trend Analysis

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

Adcorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Adcorp applied against its price change over selected period. The best fit line has a slop of   0.89  , which may suggest that Adcorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 30150.13, which is the sum of squared deviations for the predicted Adcorp price change compared to its average price change.

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

Adcorp December 23, 2024 Technical Indicators

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

When running Adcorp's price analysis, check to measure Adcorp'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 Adcorp is operating at the current time. Most of Adcorp's value examination focuses on studying past and present price action to predict the probability of Adcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adcorp's price. Additionally, you may evaluate how the addition of Adcorp to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Bonds Directory
Find actively traded corporate debentures issued by US companies
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Valuation
Check real value of public entities based on technical and fundamental data
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing