Dreyfus Municipalome Fund Technical Analysis

XDMFX Fund  USD 7.48  0.01  0.13%   
As of the 19th of April, Dreyfus Municipalome shows the Mean Deviation of 0.2661, coefficient of variation of (1,006), and Standard Deviation of 0.3944. Our technical analysis interface provides you with a way to check existing technical drivers of Dreyfus Municipalome, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Dreyfus Municipalome, which can be compared to its peers. Please confirm Dreyfus Municipalome standard deviation and potential upside to decide if Dreyfus Municipalome is priced favorably, providing market reflects its regular price of 7.48 per share.

Dreyfus Municipalome Momentum Analysis

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

Dreyfus Municipalome Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Dreyfus Municipalome volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dreyfus Municipalome Trend Analysis

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

Dreyfus Municipalome Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dreyfus Municipalome applied against its price change over selected period. The best fit line has a slop of   0.0016  , which may suggest that Dreyfus Municipalome market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Dreyfus Municipalome price change compared to its average price change.

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

Dreyfus Municipalome April 19, 2024 Technical Indicators

Most technical analysis of Dreyfus 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 Dreyfus from various momentum indicators to cycle indicators. When you analyze Dreyfus 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 to better understand how to build diversified portfolios, which includes a position in Dreyfus Municipalome. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Dreyfus Municipalome information on this page should be used as a complementary analysis to other Dreyfus Municipalome's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Dreyfus Municipalome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dreyfus Municipalome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dreyfus Municipalome'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.