Blue Label (South Africa) Technical Analysis
BLU Stock | 532.00 9.00 1.72% |
As of the 30th of November, Blue Label shows the Downside Deviation of 1.68, risk adjusted performance of 0.0209, and Mean Deviation of 1.21. Blue Label Telecoms 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. Please confirm Blue Label Telecoms jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Blue Label Telecoms is priced correctly, providing market reflects its regular price of 532.0 per share.
Blue Label Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Blue, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BlueBlue |
Blue Label 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.
Blue Label Telecoms Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Blue Label Telecoms volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Blue Label Telecoms Trend Analysis
Use this graph to draw trend lines for Blue Label Telecoms. You can use it to identify possible trend reversals for Blue Label 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 Blue Label price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Blue Label Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Blue Label Telecoms applied against its price change over selected period. The best fit line has a slop of 1.00 , which means Blue Label Telecoms will continue generating value for investors. It has 122 observation points and a regression sum of squares at 38000.21, which is the sum of squared deviations for the predicted Blue Label price change compared to its average price change.About Blue Label 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 Blue Label Telecoms 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 Blue Label Telecoms based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Blue Label Telecoms price pattern first instead of the macroeconomic environment surrounding Blue Label Telecoms. By analyzing Blue Label'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 Blue Label'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 Blue Label specific price patterns or momentum indicators. Please read more on our technical analysis page.
Blue Label November 30, 2024 Technical Indicators
Most technical analysis of Blue 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 Blue from various momentum indicators to cycle indicators. When you analyze Blue 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 | 0.0209 | |||
Market Risk Adjusted Performance | 0.1881 | |||
Mean Deviation | 1.21 | |||
Semi Deviation | 1.49 | |||
Downside Deviation | 1.68 | |||
Coefficient Of Variation | 4960.27 | |||
Standard Deviation | 1.71 | |||
Variance | 2.92 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | 0.0069 | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.1781 | |||
Maximum Drawdown | 7.95 | |||
Value At Risk | (2.24) | |||
Potential Upside | 2.95 | |||
Downside Variance | 2.83 | |||
Semi Variance | 2.21 | |||
Expected Short fall | (1.57) | |||
Skewness | 0.0071 | |||
Kurtosis | 2.7 |
Blue Label November 30, 2024 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 Blue 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.
Accumulation Distribution | 5,176 | ||
Daily Balance Of Power | 0.75 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 527.00 | ||
Day Typical Price | 528.67 | ||
Price Action Indicator | 9.50 |
Complementary Tools for Blue Stock analysis
When running Blue Label's price analysis, check to measure Blue Label'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 Blue Label is operating at the current time. Most of Blue Label's value examination focuses on studying past and present price action to predict the probability of Blue Label's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Label's price. Additionally, you may evaluate how the addition of Blue Label to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Stocks Directory Find actively traded stocks across global markets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |