Econocom Group (Belgium) Momentum Indicators Average Directional Movement Index Rating

ECONB Stock  EUR 2.04  0.02  0.97%   
Econocom Group momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Econocom Group. Econocom Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Econocom Group are pattern recognition functions that provide distinct formation on Econocom Group potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was seven with a total number of output elements of fifty-four. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Econocom Group SANV is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Econocom Group ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Econocom Group Technical Analysis Modules

Most technical analysis of Econocom Group 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 Econocom from various momentum indicators to cycle indicators. When you analyze Econocom charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Econocom Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Econocom Group SANV. We use our internally-developed statistical techniques to arrive at the intrinsic value of Econocom Group SANV based on widely used predictive technical indicators. In general, we focus on analyzing Econocom Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Econocom Group's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Econocom Group's intrinsic value. In addition to deriving basic predictive indicators for Econocom Group, we also check how macroeconomic factors affect Econocom Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.652.043.43
Details
Intrinsic
Valuation
LowRealHigh
0.471.863.25
Details
Naive
Forecast
LowNextHigh
0.672.053.44
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.032.052.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Econocom Group. Your research has to be compared to or analyzed against Econocom Group's peers to derive any actionable benefits. When done correctly, Econocom Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Econocom Group SANV.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Econocom Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Econocom Group's short interest history, or implied volatility extrapolated from Econocom Group options trading.

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Other Information on Investing in Econocom Stock

Econocom Group financial ratios help investors to determine whether Econocom Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Econocom with respect to the benefits of owning Econocom Group security.