ODAS Elektrik (Turkey) Technical Analysis

ODAS Stock  TRY 8.69  0.16  1.81%   
As of the 28th of March, ODAS Elektrik owns the semi deviation of 2.48, and Market Risk Adjusted Performance of 1.17. In respect to fundamental indicators, the technical analysis model allows you to check possible technical drivers of ODAS Elektrik Uretim, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for ODAS Elektrik, which can be compared to its peers in the sector. Please check ODAS Elektrik Uretim mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if ODAS Elektrik Uretim is priced fairly, providing market reflects its prevailing price of 8.69 per share.

ODAS Elektrik Momentum Analysis

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

ODAS Elektrik Uretim 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 ODAS Elektrik Uretim volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ODAS Elektrik Uretim Trend Analysis

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

ODAS Elektrik Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ODAS Elektrik Uretim applied against its price change over selected period. The best fit line has a slop of   0.02  , which means ODAS Elektrik Uretim will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.61, which is the sum of squared deviations for the predicted ODAS Elektrik price change compared to its average price change.

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

ODAS Elektrik March 28, 2024 Technical Indicators

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

ODAS Elektrik 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 ODAS 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODAS Elektrik Uretim. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for ODAS Stock analysis

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