Oppenheimer Rising Dividends Fund Technical Analysis

OARDX Fund  USD 24.05  0.05  0.21%   
As of the 19th of April, Oppenheimer Rising holds the Risk Adjusted Performance of 0.0745, semi deviation of 0.4848, and Coefficient Of Variation of 832.75. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oppenheimer Rising, as well as the relationship between them. Put it differently, you can use this information to find out if the fund will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Oppenheimer Rising, which can be compared to its competitors. Please check Oppenheimer Rising variance and potential upside to decide if Oppenheimer Rising is priced some-what accurately, providing market reflects its current price of 24.05 per share.

Oppenheimer Rising Momentum Analysis

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

Oppenheimer Rising 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 Oppenheimer Rising volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oppenheimer Rising Trend Analysis

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

Oppenheimer Rising Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oppenheimer Rising Dividends applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Oppenheimer Rising Dividends will continue generating value for investors. It has 122 observation points and a regression sum of squares at 20.36, which is the sum of squared deviations for the predicted Oppenheimer Rising price change compared to its average price change.

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

Oppenheimer Rising April 19, 2024 Technical Indicators

Most technical analysis of Oppenheimer 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 Oppenheimer from various momentum indicators to cycle indicators. When you analyze Oppenheimer 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oppenheimer Rising Dividends. 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 unemployment.
Note that the Oppenheimer Rising information on this page should be used as a complementary analysis to other Oppenheimer Rising's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Please note, there is a significant difference between Oppenheimer Rising's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oppenheimer Rising is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Rising'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.