ELECOM CO (Germany) Technical Analysis

9EL Stock  EUR 8.90  0.10  1.14%   
As of the 22nd of December, ELECOM CO shows the downside deviation of 1.19, and Mean Deviation of 0.8718. ELECOM LTD technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm ELECOM LTD semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if ELECOM LTD is priced some-what accurately, providing market reflects its regular price of 8.9 per share.

ELECOM CO Momentum Analysis

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

ELECOM LTD Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 ELECOM LTD volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ELECOM LTD Trend Analysis

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

ELECOM CO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ELECOM LTD applied against its price change over selected period. The best fit line has a slop of    , which means ELECOM LTD will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted ELECOM CO price change compared to its average price change.

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

ELECOM CO December 22, 2024 Technical Indicators

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

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