Cellnex Telecom Sa Stock Technical Analysis

CLLNY Stock  USD 16.44  0.42  2.49%   
As of the 23rd of November, Cellnex Telecom shows the Risk Adjusted Performance of (0.10), mean deviation of 1.14, and Standard Deviation of 1.52. Cellnex Telecom SA 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.

Cellnex Telecom Momentum Analysis

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

Cellnex Telecom SA 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 Cellnex Telecom SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cellnex Telecom SA Trend Analysis

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

Cellnex Telecom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cellnex Telecom SA applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Cellnex Telecom SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 133.76, which is the sum of squared deviations for the predicted Cellnex Telecom price change compared to its average price change.

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

Cellnex Telecom November 23, 2024 Technical Indicators

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

Additional Tools for Cellnex Pink Sheet Analysis

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