Thrivent Opportunity Income Fund Technical Analysis

IIINX Fund  USD 9.11  0.01  0.11%   
As of the 9th of November, Thrivent Opportunity has the Standard Deviation of 0.1779, risk adjusted performance of 0.0825, and Downside Deviation of 0.2001. Thrivent Opportunity technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the fund's future prices.

Thrivent Opportunity Momentum Analysis

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

Thrivent Opportunity Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Thrivent Opportunity volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thrivent Opportunity Trend Analysis

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

Thrivent Opportunity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thrivent Opportunity Income applied against its price change over selected period. The best fit line has a slop of   0.0002  , which means Thrivent Opportunity Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Thrivent Opportunity price change compared to its average price change.

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

Thrivent Opportunity November 9, 2024 Technical Indicators

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

Thrivent Opportunity November 9, 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 Thrivent 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.

Other Information on Investing in Thrivent Mutual Fund

Thrivent Opportunity financial ratios help investors to determine whether Thrivent Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thrivent with respect to the benefits of owning Thrivent Opportunity security.
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