High Liner Foods Stock Technical Analysis

HLF Stock  CAD 15.33  0.01  0.07%   
As of the 28th of November, High Liner retains the Downside Deviation of 1.1, market risk adjusted performance of 0.3448, and Risk Adjusted Performance of 0.1134. High Liner technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

High Liner Momentum Analysis

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

High Liner Foods 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 High Liner Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.

High Liner Foods Trend Analysis

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

High Liner Best Fit Change Line

The following chart estimates an ordinary least squares regression model for High Liner Foods applied against its price change over selected period. The best fit line has a slop of   0.03  , which means High Liner Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 43.67, which is the sum of squared deviations for the predicted High Liner price change compared to its average price change.

About High Liner 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 High Liner Foods 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 High Liner Foods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on High Liner Foods price pattern first instead of the macroeconomic environment surrounding High Liner Foods. By analyzing High Liner'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 High Liner'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 High Liner specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02060.03160.0430.0219
Price To Sales Ratio0.460.320.280.26

High Liner November 28, 2024 Technical Indicators

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

High Liner financial ratios help investors to determine whether High 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 High with respect to the benefits of owning High Liner security.