Meituan (Germany) Technical Analysis

9MD Stock  EUR 19.75  0.65  3.19%   
As of the 26th of November, Meituan secures the Downside Deviation of 4.46, mean deviation of 3.3, and Risk Adjusted Performance of 0.1478. Meituan technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Meituan coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Meituan is priced some-what accurately, providing market reflects its recent price of 19.75 per share.

Meituan Momentum Analysis

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

Meituan Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Meituan volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Meituan Trend Analysis

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

Meituan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Meituan applied against its price change over selected period. The best fit line has a slop of   0.14  , which means Meituan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 694.7, which is the sum of squared deviations for the predicted Meituan price change compared to its average price change.

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

Meituan November 26, 2024 Technical Indicators

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

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