Edenred SA (France) Pattern Recognition Inverted Hammer

EDEN Stock  EUR 30.06  0.13  0.43%   
Edenred SA pattern recognition tool provides the execution environment for running the Inverted Hammer recognition and other technical functions against Edenred SA. Edenred SA 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 pattern recognition indicators. As with most other technical indicators, the Inverted Hammer recognition function is designed to identify and follow existing trends. Edenred SA momentum indicators are usually used to generate trading rules based on assumptions that Edenred SA trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of one valid pattern recognition events for the selected time horizon. The Inverted Hammer pattern indicates that the buyers drove prices of Edenred SA up, at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened.

Edenred SA Technical Analysis Modules

Most technical analysis of Edenred SA 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 Edenred from various momentum indicators to cycle indicators. When you analyze Edenred 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 Edenred SA 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 Edenred SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Edenred SA based on widely used predictive technical indicators. In general, we focus on analyzing Edenred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Edenred SA's daily price indicators and compare them against related drivers, such as pattern recognition 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 Edenred SA's intrinsic value. In addition to deriving basic predictive indicators for Edenred SA, we also check how macroeconomic factors affect Edenred SA price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
27.4730.1932.91
Details
Intrinsic
Valuation
LowRealHigh
21.7324.4533.21
Details
Naive
Forecast
LowNextHigh
28.5031.2133.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.9029.7230.53
Details

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Other Information on Investing in Edenred Stock

Edenred SA financial ratios help investors to determine whether Edenred 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 Edenred with respect to the benefits of owning Edenred SA security.