Penneo AS (Denmark) Overlap Studies Simple Moving Average

PENNEO Stock  DKK 8.04  0.02  0.25%   
Penneo AS overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Penneo AS. Penneo AS 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 overlap studies indicators. As with most other technical indicators, the Simple Moving Average study function is designed to identify and follow existing trends. Penneo AS overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was two with a total number of output elements of fifty-nine. The Simple Moving Average indicator is calculated by adding the closing price of Penneo AS for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Penneo AS short-term fluctuations and highlight longer-term trends or cycles.

Penneo AS Technical Analysis Modules

Most technical analysis of Penneo AS 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 Penneo from various momentum indicators to cycle indicators. When you analyze Penneo 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 Penneo AS 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 Penneo AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Penneo AS based on widely used predictive technical indicators. In general, we focus on analyzing Penneo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Penneo AS's daily price indicators and compare them against related drivers, such as overlap studies 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 Penneo AS's intrinsic value. In addition to deriving basic predictive indicators for Penneo AS, we also check how macroeconomic factors affect Penneo AS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Penneo AS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.418.0410.67
Details
Intrinsic
Valuation
LowRealHigh
4.397.029.65
Details
Naive
Forecast
LowNextHigh
5.408.0310.66
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.918.098.27
Details

Align your values with your investing style

In addition to having Penneo AS in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Gambling Idea
Gambling
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
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Corona Opportunity
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 50 shares
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Manufacturing
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Momentum Idea
Momentum
Invested over 60 shares

Other Information on Investing in Penneo Stock

Penneo AS financial ratios help investors to determine whether Penneo 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 Penneo with respect to the benefits of owning Penneo AS security.