Century Insurance (Pakistan) Technical Analysis

CENI Stock   36.00  2.02  5.94%   
As of the 23rd of November, Century Insurance shows the Risk Adjusted Performance of 0.1958, downside deviation of 2.26, and Mean Deviation of 1.69. Century Insurance technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Century Insurance Momentum Analysis

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

Century Insurance 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 Century Insurance volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Century Insurance Trend Analysis

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

Century Insurance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Century Insurance applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Century Insurance will continue generating value for investors. It has 122 observation points and a regression sum of squares at 833.72, which is the sum of squared deviations for the predicted Century Insurance price change compared to its average price change.

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

Century Insurance November 23, 2024 Technical Indicators

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

Complementary Tools for Century Stock analysis

When running Century Insurance's price analysis, check to measure Century Insurance'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 Century Insurance is operating at the current time. Most of Century Insurance's value examination focuses on studying past and present price action to predict the probability of Century Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Insurance's price. Additionally, you may evaluate how the addition of Century Insurance to your portfolios can decrease your overall portfolio volatility.
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