Robit Oyj (Finland) Technical Analysis

ROBIT Stock  EUR 1.34  0.05  3.88%   
As of the 27th of December, Robit Oyj holds the Variance of 4.52, risk adjusted performance of (0.13), and Coefficient Of Variation of (593.25). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Robit Oyj, as well as the relationship between them.

Robit 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 Robit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Robit
  
Robit 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.
Robit 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 Robit Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Robit 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...

Robit Oyj Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Robit Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Robit Oyj Trend Analysis

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

Robit Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Robit Oyj applied against its price change over selected period. The best fit line has a slop of   0.006  , which may suggest that Robit Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.38, which is the sum of squared deviations for the predicted Robit Oyj price change compared to its average price change.

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

Robit Oyj December 27, 2024 Technical Indicators

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

Robit Oyj December 27, 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 Robit 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 Robit Stock analysis

When running Robit Oyj's price analysis, check to measure Robit 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 Robit Oyj is operating at the current time. Most of Robit Oyj's value examination focuses on studying past and present price action to predict the probability of Robit 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 Robit Oyj's price. Additionally, you may evaluate how the addition of Robit Oyj to your portfolios can decrease your overall portfolio volatility.
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