Mitsubishi Materials (Germany) Technical Analysis

MUJ Stock  EUR 15.00  0.10  0.67%   
As of the 29th of November, Mitsubishi Materials secures the Risk Adjusted Performance of (0.02), standard deviation of 1.42, and Mean Deviation of 1.07. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mitsubishi Materials, as well as the relationship between them. Please verify Mitsubishi Materials coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Mitsubishi Materials is priced some-what accurately, providing market reflects its recent price of 15.0 per share.

Mitsubishi Materials Momentum Analysis

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

Mitsubishi Materials Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Mitsubishi Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mitsubishi Materials Trend Analysis

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

Mitsubishi Materials Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mitsubishi Materials applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Mitsubishi Materials market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.72, which is the sum of squared deviations for the predicted Mitsubishi Materials price change compared to its average price change.

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

Mitsubishi Materials November 29, 2024 Technical Indicators

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

Mitsubishi Materials November 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Mitsubishi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Mitsubishi Stock analysis

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