Sociedad Comercial (Argentina) Technical Analysis

COME Stock  ARS 102.80  4.60  4.28%   
As of the 18th of April 2024, Sociedad Comercial has the Risk Adjusted Performance of 0.0813, coefficient of variation of 864.12, and Semi Deviation of 3.12. Sociedad Comercial technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Sociedad Comercial del, which can be compared to its competition. Please validate Sociedad Comercial del mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sociedad Comercial is priced more or less accurately, providing market reflects its prevalent price of 102.8 per share.

Sociedad Comercial Momentum Analysis

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

Sociedad Comercial del 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 Sociedad Comercial del volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sociedad Comercial del Trend Analysis

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

Sociedad Comercial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sociedad Comercial del applied against its price change over selected period. The best fit line has a slop of   0.18  , which means Sociedad Comercial del will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1174.15, which is the sum of squared deviations for the predicted Sociedad Comercial price change compared to its average price change.

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

Sociedad Comercial April 18, 2024 Technical Indicators

Most technical analysis of Sociedad 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 Sociedad from various momentum indicators to cycle indicators. When you analyze Sociedad 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sociedad Comercial del. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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