Wesco Distribution 725 Bond Technical Analysis

95081QAP9   101.79  0.03  0.03%   
As of the 26th of December, WESCO maintains the Downside Deviation of 0.505, market risk adjusted performance of (0.02), and Mean Deviation of 0.2471. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WESCO Distribution 725, as well as the relationship between them.

WESCO Momentum Analysis

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

WESCO Distribution 725 Trend Analysis

Use this graph to draw trend lines for WESCO Distribution 725. You can use it to identify possible trend reversals for WESCO 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 WESCO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

WESCO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WESCO Distribution 725 applied against its price change over selected period. The best fit line has a slop of   0.004  , which may suggest that WESCO Distribution 725 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.61, which is the sum of squared deviations for the predicted WESCO price change compared to its average price change.

About WESCO 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 WESCO Distribution 725 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 WESCO Distribution 725 based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on WESCO Distribution 725 price pattern first instead of the macroeconomic environment surrounding WESCO Distribution 725. By analyzing WESCO'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 WESCO'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 WESCO specific price patterns or momentum indicators. Please read more on our technical analysis page.

WESCO December 26, 2024 Technical Indicators

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

WESCO December 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WESCO stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in WESCO Bond

WESCO financial ratios help investors to determine whether WESCO Bond 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 WESCO with respect to the benefits of owning WESCO security.