Bmtc Group Stock Technical Analysis

GBT Stock  CAD 13.20  0.03  0.23%   
As of the 4th of December, BMTC shows the risk adjusted performance of (0.01), and Mean Deviation of 0.9856. BMTC Group 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.

BMTC Momentum Analysis

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

BMTC Group Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 BMTC Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BMTC Group Trend Analysis

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

BMTC Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BMTC Group applied against its price change over selected period. The best fit line has a slop of    , which means BMTC Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.91, which is the sum of squared deviations for the predicted BMTC price change compared to its average price change.

About BMTC 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 BMTC Group 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 BMTC Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BMTC Group price pattern first instead of the macroeconomic environment surrounding BMTC Group. By analyzing BMTC'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 BMTC'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 BMTC specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2022 2023 (projected)
Dividend Yield0.02650.02270.0260.0275
Price To Sales Ratio0.570.610.640.74

BMTC December 4, 2024 Technical Indicators

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

BMTC December 4, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as BMTC stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in BMTC Stock

BMTC financial ratios help investors to determine whether BMTC Stock 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 BMTC with respect to the benefits of owning BMTC security.