Ascendis Health (South Africa) Technical Analysis

ASC Stock   75.00  1.00  1.35%   
As of the 26th of November, Ascendis Health shows the mean deviation of 1.6, and Risk Adjusted Performance of 0.0289. Ascendis Health technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Ascendis Health mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if Ascendis Health is priced correctly, providing market reflects its regular price of 75.0 per share.

Ascendis Health Momentum Analysis

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

Ascendis Health 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 Ascendis Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ascendis Health Trend Analysis

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

Ascendis Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ascendis Health applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Ascendis Health will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.29, which is the sum of squared deviations for the predicted Ascendis Health price change compared to its average price change.

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

Ascendis Health November 26, 2024 Technical Indicators

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

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