Mainstay International Opportunities Fund Technical Analysis

MYITX Fund  USD 7.74  0.35  0.00%   
As of the 17th of December 2024, Mainstay International secures the insignificant Risk Adjusted Performance, standard deviation of 0.7217, and Mean Deviation of 0.5382. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mainstay International, as well as the relationship between them.

Mainstay International Momentum Analysis

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

Mainstay International Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Mainstay International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mainstay International Trend Analysis

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

Mainstay International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mainstay International Opportunities applied against its price change over selected period. The best fit line has a slop of   0.006  , which may suggest that Mainstay International Opportunities market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.37, which is the sum of squared deviations for the predicted Mainstay International price change compared to its average price change.

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

Mainstay International December 17, 2024 Technical Indicators

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

Other Information on Investing in Mainstay Mutual Fund

Mainstay International financial ratios help investors to determine whether Mainstay Mutual Fund 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 Mainstay with respect to the benefits of owning Mainstay International security.
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