21Shares Bitcoin (Switzerland) Technical Analysis

ABBA Etf  CHF 35.59  0.15  0.42%   
As of the 2nd of February, 21Shares Bitcoin shows the mean deviation of 2.47, and Coefficient Of Variation of 436.83. Our technical analysis interface gives you tools to check timely technical drivers of 21Shares Bitcoin Suisse, as well as the relationship between them. Please confirm 21Shares Bitcoin Suisse jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if 21Shares Bitcoin Suisse is priced more or less accurately, providing market reflects its regular price of 35.59 per share.

21Shares Bitcoin Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 21Shares, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 21Shares
  
21Shares Bitcoin'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.
21Shares Bitcoin technical etf 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, etf market cycles, or different charting patterns.
A focus of 21Shares Bitcoin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 21Shares Bitcoin 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...

21Shares Bitcoin Suisse Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 21Shares Bitcoin Suisse volatility. High ATR values indicate high volatility, and low values indicate low volatility.

21Shares Bitcoin Suisse Trend Analysis

Use this graph to draw trend lines for 21Shares Bitcoin Suisse. You can use it to identify possible trend reversals for 21Shares Bitcoin 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 21Shares Bitcoin price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

21Shares Bitcoin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for 21Shares Bitcoin Suisse applied against its price change over selected period. The best fit line has a slop of   0.14  , which means 21Shares Bitcoin Suisse will continue generating value for investors. It has 122 observation points and a regression sum of squares at 750.11, which is the sum of squared deviations for the predicted 21Shares Bitcoin price change compared to its average price change.

About 21Shares Bitcoin 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 21Shares Bitcoin Suisse 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 21Shares Bitcoin Suisse based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on 21Shares Bitcoin Suisse price pattern first instead of the macroeconomic environment surrounding 21Shares Bitcoin Suisse. By analyzing 21Shares Bitcoin'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 21Shares Bitcoin'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 21Shares Bitcoin specific price patterns or momentum indicators. Please read more on our technical analysis page.

21Shares Bitcoin February 2, 2025 Technical Indicators

Most technical analysis of 21Shares 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 21Shares from various momentum indicators to cycle indicators. When you analyze 21Shares 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.

Other Information on Investing in 21Shares Etf

21Shares Bitcoin financial ratios help investors to determine whether 21Shares Etf 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 21Shares with respect to the benefits of owning 21Shares Bitcoin security.