Amana Income Fund Technical Analysis

AMANX Fund  USD 66.03  0.47  0.72%   
As of the 28th of March, Amana Income shows the mean deviation of 0.5401, and Risk Adjusted Performance of 0.0563. Amana Income Fund technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Amana Income Fund, which can be compared to its rivals. Please confirm Amana Income Fund standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Amana Income Fund is priced correctly, providing market reflects its regular price of 66.03 per share.

Amana Income Momentum Analysis

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

Amana Income Fund Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Amana Income Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Amana Income Fund Trend Analysis

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

Amana Income Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Amana Income Fund applied against its price change over selected period. The best fit line has a slop of   0.11  , which means Amana Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 433.76, which is the sum of squared deviations for the predicted Amana Income price change compared to its average price change.

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

Amana Income March 28, 2024 Technical Indicators

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

Amana Income March 28, 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 Amana 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amana Income Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Amana Mutual Fund analysis

When running Amana Income's price analysis, check to measure Amana Income'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 Amana Income is operating at the current time. Most of Amana Income's value examination focuses on studying past and present price action to predict the probability of Amana Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amana Income's price. Additionally, you may evaluate how the addition of Amana Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Amana Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amana Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amana Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.