Selected American Shares Fund Technical Analysis

SLASX Fund  USD 44.62  0.16  0.36%   
As of the 1st of December, Selected American has the Coefficient Of Variation of 765.76, semi deviation of 0.8144, and Risk Adjusted Performance of 0.102. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Selected American Shares, as well as the relationship between them.

Selected American Momentum Analysis

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

Selected American Shares Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Selected American Shares volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Selected American Shares Trend Analysis

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

Selected American Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Selected American Shares applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Selected American Shares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 150.65, which is the sum of squared deviations for the predicted Selected American price change compared to its average price change.

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

Selected American December 1, 2024 Technical Indicators

Most technical analysis of Selected 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 Selected from various momentum indicators to cycle indicators. When you analyze Selected 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 Selected Mutual Fund

Selected American financial ratios help investors to determine whether Selected Mutual Fund 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 Selected with respect to the benefits of owning Selected American security.
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