First Trustconfluence Small Fund Technical Analysis

FOVIX Fund  USD 33.01  0.08  0.24%   
As of the 12th of December 2024, First Trustconfluence shows the Coefficient Of Variation of 956.09, mean deviation of 0.7642, and Downside Deviation of 0.8767. First Trustconfluence technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.

First Trustconfluence Momentum Analysis

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

First Trustconfluence Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 First Trustconfluence volatility. High ATR values indicate high volatility, and low values indicate low volatility.

First Trustconfluence Trend Analysis

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

First Trustconfluence Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First Trustconfluence Small applied against its price change over selected period. The best fit line has a slop of   0.02  , which means First Trustconfluence Small will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18.78, which is the sum of squared deviations for the predicted First Trustconfluence price change compared to its average price change.

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

First Trustconfluence December 12, 2024 Technical Indicators

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

Other Information on Investing in First Mutual Fund

First Trustconfluence financial ratios help investors to determine whether First Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trustconfluence security.
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