Firan Technology Group Stock Technical Analysis

FTG Stock  CAD 7.30  0.04  0.55%   
As of the 2nd of December, Firan Technology shows the Downside Deviation of 1.49, mean deviation of 1.26, and Coefficient Of Variation of 668.17. Firan Technology 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.

Firan Technology Momentum Analysis

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

Firan Technology Technical Analysis

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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 Firan Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Firan Technology Trend Analysis

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

Firan Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Firan Technology Group applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Firan Technology Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 53.29, which is the sum of squared deviations for the predicted Firan Technology price change compared to its average price change.

About Firan Technology 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 Firan Technology Group 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 Firan Technology Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Firan Technology price pattern first instead of the macroeconomic environment surrounding Firan Technology. By analyzing Firan Technology'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 Firan Technology'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 Firan Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Days Sales Outstanding78.2383.1154.87
PTB Ratio1.81.081.34

Firan Technology December 2, 2024 Technical Indicators

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

Other Information on Investing in Firan Stock

Firan Technology financial ratios help investors to determine whether Firan 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 Firan with respect to the benefits of owning Firan Technology security.