Ceylon Tobacco (Sri Lanka) Technical Analysis

CTCN0000  LKR 1,317  17.25  1.33%   
As of the 12th of December 2024, Ceylon Tobacco shows the Downside Deviation of 0.9398, mean deviation of 0.6734, and Risk Adjusted Performance of 0.1439. Our technical analysis interface gives you tools to check existing technical drivers of Ceylon Tobacco, as well as the relationship between them.

Ceylon Tobacco Momentum Analysis

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

Ceylon Tobacco Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Ceylon Tobacco volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ceylon Tobacco Trend Analysis

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

Ceylon Tobacco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ceylon Tobacco applied against its price change over selected period. The best fit line has a slop of   2.07  , which means Ceylon Tobacco will continue generating value for investors. It has 122 observation points and a regression sum of squares at 161366.75, which is the sum of squared deviations for the predicted Ceylon Tobacco price change compared to its average price change.

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

Ceylon Tobacco December 12, 2024 Technical Indicators

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

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