Ostim Endustriyel (Turkey) Technical Analysis

OSTIM Stock  TRY 5.90  0.10  1.72%   
As of the 18th of April 2024, Ostim Endustriyel holds the Variance of 9.46, coefficient of variation of (1,708), and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ostim Endustriyel, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for thirteen technical drivers for Ostim Endustriyel, which can be compared to its competitors. Please check Ostim Endustriyel risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Ostim Endustriyel is priced some-what accurately, providing market reflects its current price of 5.9 per share.

Ostim Endustriyel Momentum Analysis

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

Ostim Endustriyel Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Ostim Endustriyel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ostim Endustriyel Trend Analysis

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

Ostim Endustriyel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ostim Endustriyel Yatirimlar applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Ostim Endustriyel Yatirimlar market price will keep on failing further. It has 122 observation points and a regression sum of squares at 48.38, which is the sum of squared deviations for the predicted Ostim Endustriyel price change compared to its average price change.

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

Ostim Endustriyel April 18, 2024 Technical Indicators

Most technical analysis of Ostim 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 Ostim from various momentum indicators to cycle indicators. When you analyze Ostim 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 Ostim Endustriyel Yatirimlar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Ostim Stock analysis

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