Global Engine Group Stock Technical Analysis

GLE Stock   2.46  0.09  3.53%   
As of the 14th of December 2024, Global Engine retains the Market Risk Adjusted Performance of 1.35, standard deviation of 7.37, and Risk Adjusted Performance of (0.05). Global Engine technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Global Engine Group information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Global Engine is priced fairly, providing market reflects its last-minute price of 2.46 per share. Please also validate Global Engine Group jensen alpha, which is currently at (0.53) to confirm the company can sustain itself at a future point.

Global Engine Momentum Analysis

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

Global Engine Group Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty. 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 Global Engine Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Global Engine Group Trend Analysis

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

Global Engine Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Global Engine Group applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in Global Engine Group will continue to fail. It has 120 observation points and a regression sum of squares at 22.13, which is the sum of squared deviations for the predicted Global Engine price change compared to its average price change.

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

Global Engine December 14, 2024 Technical Indicators

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

Global Engine December 14, 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 Global 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.

Complementary Tools for Global Stock analysis

When running Global Engine's price analysis, check to measure Global Engine'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 Global Engine is operating at the current time. Most of Global Engine's value examination focuses on studying past and present price action to predict the probability of Global Engine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Engine's price. Additionally, you may evaluate how the addition of Global Engine to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities