Legrand Sa Stock Technical Analysis

LGRVF Stock  USD 95.50  3.46  3.50%   
As of the 22nd of December, Legrand SA secures the Standard Deviation of 1.4, risk adjusted performance of (0.11), and Mean Deviation of 0.7506. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Legrand SA, as well as the relationship between them. Please verify Legrand SA coefficient of variation and maximum drawdown to decide if Legrand SA is priced some-what accurately, providing market reflects its recent price of 95.5 per share. Given that Legrand SA has information ratio of (0.16), we recommend you to check Legrand SA's last-minute market performance to make sure the company can sustain itself at a future point.

Legrand SA Momentum Analysis

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

Legrand SA 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 Legrand SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Legrand SA Trend Analysis

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

Legrand SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Legrand SA applied against its price change over selected period. The best fit line has a slop of   0.26  , which may suggest that Legrand SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2607.92, which is the sum of squared deviations for the predicted Legrand SA price change compared to its average price change.

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

Legrand SA December 22, 2024 Technical Indicators

Most technical analysis of Legrand 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 Legrand from various momentum indicators to cycle indicators. When you analyze Legrand 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 Legrand Pink Sheet analysis

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