Kandy Hotels (Sri Lanka) Technical Analysis

KHCN0000  LKR 12.40  0.40  3.33%   
As of the 18th of January 2025, Kandy Hotels secures the Risk Adjusted Performance of 0.1772, mean deviation of 2.28, and Downside Deviation of 2.18. Our technical analysis interface lets you check existing technical drivers of Kandy Hotels, as well as the relationship between them.

Kandy Hotels Momentum Analysis

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

Kandy Hotels Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Kandy Hotels volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kandy Hotels Trend Analysis

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

Kandy Hotels Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kandy Hotels applied against its price change over selected period. The best fit line has a slop of   0.11  , which means Kandy Hotels will continue generating value for investors. It has 122 observation points and a regression sum of squares at 462.56, which is the sum of squared deviations for the predicted Kandy Hotels price change compared to its average price change.

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

Kandy Hotels January 18, 2025 Technical Indicators

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

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