Petrokent Turizm (Turkey) Technical Analysis

PKENT Stock  TRY 243.00  3.90  1.63%   
As of the 21st of December, Petrokent Turizm holds the Coefficient Of Variation of 4847.84, semi deviation of 2.32, and Risk Adjusted Performance of 0.0236. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Petrokent Turizm, as well as the relationship between them.

Petrokent Turizm Momentum Analysis

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

Petrokent Turizm Technical Analysis

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

Petrokent Turizm Trend Analysis

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

Petrokent Turizm Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Petrokent Turizm AS applied against its price change over selected period. The best fit line has a slop of   0.53  , which means Petrokent Turizm AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10801.5, which is the sum of squared deviations for the predicted Petrokent Turizm price change compared to its average price change.

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

Petrokent Turizm December 21, 2024 Technical Indicators

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

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