Tele2 Ab Stock Technical Analysis

TLTZY Stock  USD 5.16  0.00  0.00%   
As of the 4th of December, Tele2 AB has the insignificant Risk Adjusted Performance, coefficient of variation of (8,713), and Variance of 8.39. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tele2 AB, as well as the relationship between them.

Tele2 AB Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tele2, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tele2
  
Tele2 AB'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.
Tele2 AB 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 Tele2 AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tele2 AB 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...

Tele2 AB 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 Tele2 AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tele2 AB Trend Analysis

Use this graph to draw trend lines for Tele2 AB. You can use it to identify possible trend reversals for Tele2 AB 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 Tele2 AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Tele2 AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tele2 AB applied against its price change over selected period. The best fit line has a slop of   0.0096  , which may suggest that Tele2 AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.45, which is the sum of squared deviations for the predicted Tele2 AB price change compared to its average price change.

About Tele2 AB 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 Tele2 AB 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 Tele2 AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tele2 AB price pattern first instead of the macroeconomic environment surrounding Tele2 AB. By analyzing Tele2 AB'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 Tele2 AB'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 Tele2 AB specific price patterns or momentum indicators. Please read more on our technical analysis page.

Tele2 AB December 4, 2024 Technical Indicators

Most technical analysis of Tele2 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 Tele2 from various momentum indicators to cycle indicators. When you analyze Tele2 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.

Additional Tools for Tele2 Pink Sheet Analysis

When running Tele2 AB's price analysis, check to measure Tele2 AB'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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.