Mirgor SA (Argentina) Technical Analysis

MIRG Stock  ARS 27,275  400.00  1.49%   
As of the 10th of January, Mirgor SA secures the Mean Deviation of 1.07, risk adjusted performance of 0.218, and Downside Deviation of 1.47. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mirgor SA, as well as the relationship between them.

Mirgor SA Momentum Analysis

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

Mirgor SA Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-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 Mirgor SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mirgor SA Trend Analysis

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

Mirgor SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mirgor SA applied against its price change over selected period. The best fit line has a slop of   99.20  , which means Mirgor SA will continue producing value for investors. It has 122 observation points and a regression sum of squares at 3.7214443575E8, which is the sum of squared deviations for the predicted Mirgor SA price change compared to its average price change.

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

Mirgor SA January 10, 2025 Technical Indicators

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

Mirgor SA January 10, 2025 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 Mirgor 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 Mirgor Stock analysis

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