Elco (Israel) Technical Analysis

ELCO Stock  ILS 14,820  160.00  1.07%   
As of the 23rd of December, Elco shows the Semi Deviation of 1.29, mean deviation of 1.48, and Downside Deviation of 1.75. Elco technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Elco Momentum Analysis

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

Elco Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Elco volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Elco Trend Analysis

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

Elco Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Elco applied against its price change over selected period. The best fit line has a slop of   79.87  , which means Elco will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2.4127635997E8, which is the sum of squared deviations for the predicted Elco price change compared to its average price change.

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

Elco December 23, 2024 Technical Indicators

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

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