SANOK RUBBER (Germany) Technical Analysis

1NX Stock  EUR 4.34  0.05  1.17%   
As of the 24th of November, SANOK RUBBER has the Risk Adjusted Performance of 0.0934, downside deviation of 0.8966, and Market Risk Adjusted Performance of 1.76. SANOK RUBBER technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the entity's future prices. Please validate SANOK RUBBER ZY information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if SANOK RUBBER is priced adequately, providing market reflects its prevalent price of 4.34 per share.

SANOK RUBBER Momentum Analysis

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

SANOK RUBBER ZY Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SANOK RUBBER ZY volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SANOK RUBBER ZY Trend Analysis

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

SANOK RUBBER Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SANOK RUBBER ZY applied against its price change over selected period. The best fit line has a slop of   0.02  , which means SANOK RUBBER ZY will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.7, which is the sum of squared deviations for the predicted SANOK RUBBER price change compared to its average price change.

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

SANOK RUBBER November 24, 2024 Technical Indicators

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

Complementary Tools for SANOK Stock analysis

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