Worley OTC Pink Sheet Technical Analysis


USD 9.73  0.27  2.70%   

As of the 3rd of December, Worley Parsons maintains the Downside Deviation of 3.68, market risk adjusted performance of (0.62), and Mean Deviation of 2.29. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Worley Parsons, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Worley Parsons, which can be compared to its rivals. Please check out Worley Parsons jensen alpha and semi variance to decide if Worley Parsons is priced fairly, providing market reflects its latest price of 9.73 per share. Given that Worley Parsons has jensen alpha of 0.0935, we strongly advise you to confirm Worley Parsons's prevalent market performance to make sure the company can sustain itself at a future point.

Worley Parsons Momentum Analysis

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

Worley Parsons Technical Analysis

Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Worley Parsons volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Worley Parsons Trend Analysis

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

Worley Parsons Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Worley Parsons applied against its price change over selected period. The best fit line has a slop of   0.003696  , which means Worley Parsons will continue generating value for investors. It has 1030 observation points and a regression sum of squares at 311.01, which is the sum of squared deviations for the predicted Worley Parsons price change compared to its average price change.

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

Worley Parsons December 3, 2022 Technical Indicators

Most technical analysis of Worley 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 Worley from various momentum indicators to cycle indicators. When you analyze Worley 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 Current Watchlist. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for analysis

When running Worley Parsons price analysis, check to measure Worley Parsons' 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 Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Valuation
Check real value of public entities based on technical and fundamental data
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
CEO Directory
Screen CEOs from public companies around the world
Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine Worley Parsons value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' 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.