STEEL EXCHANGE (India) Technical Analysis
| STEELXIND | 10.81 0.02 0.19% |
As of the 3rd of December, STEEL EXCHANGE has the risk adjusted performance of (0.14), and Variance of 4.25. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of STEEL EXCHANGE INDIA, as well as the relationship between them.
STEEL EXCHANGE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as STEEL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to STEELSTEEL |
STEEL EXCHANGE 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.
STEEL EXCHANGE INDIA Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 STEEL EXCHANGE INDIA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
STEEL EXCHANGE INDIA Trend Analysis
Use this graph to draw trend lines for STEEL EXCHANGE INDIA. You can use it to identify possible trend reversals for STEEL EXCHANGE 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 STEEL EXCHANGE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.STEEL EXCHANGE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for STEEL EXCHANGE INDIA applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that STEEL EXCHANGE INDIA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 121.75, which is the sum of squared deviations for the predicted STEEL EXCHANGE price change compared to its average price change.About STEEL EXCHANGE 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 STEEL EXCHANGE INDIA 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 STEEL EXCHANGE INDIA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on STEEL EXCHANGE INDIA price pattern first instead of the macroeconomic environment surrounding STEEL EXCHANGE INDIA. By analyzing STEEL EXCHANGE'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 STEEL EXCHANGE'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 STEEL EXCHANGE specific price patterns or momentum indicators. Please read more on our technical analysis page.
STEEL EXCHANGE December 3, 2024 Technical Indicators
Most technical analysis of STEEL 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 STEEL from various momentum indicators to cycle indicators. When you analyze STEEL 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (0.99) | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (527.32) | |||
| Standard Deviation | 2.06 | |||
| Variance | 4.25 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (1.00) | |||
| Maximum Drawdown | 10.72 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 3.42 | |||
| Skewness | (0.78) | |||
| Kurtosis | 2.23 |
Complementary Tools for STEEL Stock analysis
When running STEEL EXCHANGE's price analysis, check to measure STEEL EXCHANGE'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 STEEL EXCHANGE is operating at the current time. Most of STEEL EXCHANGE's value examination focuses on studying past and present price action to predict the probability of STEEL EXCHANGE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STEEL EXCHANGE's price. Additionally, you may evaluate how the addition of STEEL EXCHANGE to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |