Rentokil Initial Plc Stock Technical Analysis

RTOKYDelisted Stock  USD 32.79  0.40  1.21%   
As of the 29th of March, Rentokil Initial holds the Semi Deviation of 2.06, coefficient of variation of 4908.88, and Risk Adjusted Performance of 0.0189. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rentokil Initial, 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 were able to collect data for nineteen technical drivers for Rentokil Initial PLC, which can be compared to its competitors. Please check Rentokil Initial PLC variance and potential upside to decide if Rentokil Initial PLC is priced some-what accurately, providing market reflects its current price of 32.79 per share. Given that Rentokil Initial has jensen alpha of (0), we recommend you to check out Rentokil Initial PLC's recent market performance to make sure the company can sustain itself at a future point.

Rentokil Initial Momentum Analysis

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

Rentokil Initial PLC Technical Analysis

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Rentokil Initial PLC Trend Analysis

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

Rentokil Initial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rentokil Initial PLC applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Rentokil Initial PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 593.14, which is the sum of squared deviations for the predicted Rentokil Initial price change compared to its average price change.

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

Rentokil Initial March 29, 2024 Technical Indicators

Most technical analysis of Rentokil 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 Rentokil from various momentum indicators to cycle indicators. When you analyze Rentokil 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Rentokil Pink Sheet

If you are still planning to invest in Rentokil Initial PLC check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rentokil Initial's history and understand the potential risks before investing.
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