Kumba Iron Ore Stock Technical Analysis

KIROY Stock  USD 6.57  0.02  0.31%   
As of the 10th of December, Kumba Iron secures the Risk Adjusted Performance of 0.0479, downside deviation of 2.78, and Mean Deviation of 1.9. Kumba Iron Ore technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Kumba Iron Momentum Analysis

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

Kumba Iron Ore Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Kumba Iron Ore volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kumba Iron Ore Trend Analysis

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

Kumba Iron Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kumba Iron Ore applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Kumba Iron Ore market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.33, which is the sum of squared deviations for the predicted Kumba Iron price change compared to its average price change.

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

Kumba Iron December 10, 2024 Technical Indicators

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

Additional Tools for Kumba Pink Sheet Analysis

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