Clicks (South Africa) Technical Analysis

CLS Stock   39,400  127.00  0.32%   
As of the 15th of December 2024, Clicks shows the Mean Deviation of 0.8761, risk adjusted performance of 0.0462, and Downside Deviation of 0.916. Clicks 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 Clicks coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Clicks is priced correctly, providing market reflects its regular price of 39400.0 per share.

Clicks Momentum Analysis

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

Clicks Technical Analysis

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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 Clicks volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Clicks Trend Analysis

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

Clicks Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Clicks applied against its price change over selected period. The best fit line has a slop of   24.83  , which means Clicks will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2.331043924E7, which is the sum of squared deviations for the predicted Clicks price change compared to its average price change.

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

Clicks December 15, 2024 Technical Indicators

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

Complementary Tools for Clicks Stock analysis

When running Clicks' price analysis, check to measure Clicks' 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 Clicks is operating at the current time. Most of Clicks' value examination focuses on studying past and present price action to predict the probability of Clicks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clicks' price. Additionally, you may evaluate how the addition of Clicks to your portfolios can decrease your overall portfolio volatility.
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