Abbott India (India) Technical Analysis
| ABBOTINDIA | 27,378 117.90 0.43% |
As of the 29th of November, Abbott India shows the mean deviation of 0.8861, and Risk Adjusted Performance of (0.05). Abbott India Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Abbott India Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Abbott, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbbottAbbott |
Abbott India 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.
Abbott India Limited Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Abbott India Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Abbott India Limited Trend Analysis
Use this graph to draw trend lines for Abbott India Limited. You can use it to identify possible trend reversals for Abbott India 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 Abbott India price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Abbott India Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Abbott India Limited applied against its price change over selected period. The best fit line has a slop of 28.3 , which may suggest that Abbott India Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.028450376E7, which is the sum of squared deviations for the predicted Abbott India price change compared to its average price change.About Abbott India 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 Abbott India Limited 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 Abbott India Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abbott India Limited price pattern first instead of the macroeconomic environment surrounding Abbott India Limited. By analyzing Abbott India'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 Abbott India'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 Abbott India specific price patterns or momentum indicators. Please read more on our technical analysis page.
Abbott India November 29, 2024 Technical Indicators
Most technical analysis of Abbott 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 Abbott from various momentum indicators to cycle indicators. When you analyze Abbott 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 | (0.05) | |||
| Market Risk Adjusted Performance | 1.96 | |||
| Mean Deviation | 0.8861 | |||
| Coefficient Of Variation | (1,553) | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.55 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.95 | |||
| Maximum Drawdown | 6.34 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.01 | |||
| Skewness | (0.39) | |||
| Kurtosis | 1.44 |
Other Information on Investing in Abbott Stock
Abbott India financial ratios help investors to determine whether Abbott Stock 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 Abbott with respect to the benefits of owning Abbott India security.