Algonquin Stock Momentum Indicators Minus Directional Indicator

AQNA
 Stock
  

USD 25.27  0.24  0.96%   

Algonquin Power momentum indicators tool provides the execution environment for running the Minus Directional Indicator indicator and other technical functions against Algonquin Power. Algonquin Power value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Algonquin Power are pattern recognition functions that provide distinct formation on Algonquin Power potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Minus Directional indicator describes the rate of negative changes that contributes to the overall Algonquin Power Utilities price trend.
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Algonquin Power Technical Analysis Modules

Most technical analysis of Algonquin Power 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 Algonquin from various momentum indicators to cycle indicators. When you analyze Algonquin charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Algonquin Power Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Algonquin Power Utilities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Algonquin Power Utilities based on widely used predictive technical indicators. In general, we focus on analyzing Algonquin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Algonquin Power's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Algonquin Power's intrinsic value. In addition to deriving basic predictive indicators for Algonquin Power, we also check how macroeconomic factors affect Algonquin Power price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Algonquin Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Algonquin Power in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
24.4625.2726.08
Details
Intrinsic
Valuation
LowReal ValueHigh
24.3825.1926.00
Details
Naive
Forecast
LowNext ValueHigh
24.1624.9825.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.4524.8425.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Algonquin Power. Your research has to be compared to or analyzed against Algonquin Power's peers to derive any actionable benefits. When done correctly, Algonquin Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Algonquin Power Utilities.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Management
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
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Is Algonquin Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine Algonquin Power value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power'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.