Churchill Downs 55 Bond Technical Analysis

171484AG3   95.81  3.92  3.93%   
As of the 1st of December, Churchill shows the Mean Deviation of 0.4092, risk adjusted performance of (0.05), and Standard Deviation of 0.862. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Churchill, as well as the relationship between them.

Churchill Momentum Analysis

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

Churchill Downs 55 Trend Analysis

Use this graph to draw trend lines for Churchill Downs 55. You can use it to identify possible trend reversals for Churchill 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 Churchill price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Churchill Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Churchill Downs 55 applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Churchill Downs 55 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 49.39, which is the sum of squared deviations for the predicted Churchill price change compared to its average price change.

About Churchill 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 Churchill Downs 55 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 Churchill Downs 55 based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on Churchill Downs 55 price pattern first instead of the macroeconomic environment surrounding Churchill Downs 55. By analyzing Churchill'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 Churchill'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 Churchill specific price patterns or momentum indicators. Please read more on our technical analysis page.

Churchill December 1, 2024 Technical Indicators

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

Churchill financial ratios help investors to determine whether Churchill Bond 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 Churchill with respect to the benefits of owning Churchill security.