Biohit Oyj (Finland) Technical Analysis

BIOBV Stock  EUR 2.33  0.00  0.00%   
As of the 27th of December, Biohit Oyj shows the Risk Adjusted Performance of 0.0487, downside deviation of 2.04, and Mean Deviation of 1.7. Biohit Oyj B technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Biohit Oyj Momentum Analysis

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

Biohit Oyj B Technical Analysis

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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 Biohit Oyj B volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Biohit Oyj B Trend Analysis

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

Biohit Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Biohit Oyj B applied against its price change over selected period. The best fit line has a slop of   0.0012  , which may suggest that Biohit Oyj B market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Biohit Oyj price change compared to its average price change.

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

Biohit Oyj December 27, 2024 Technical Indicators

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

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