Equinor ASA (Germany) Technical Analysis
DNQ Stock | EUR 23.65 0.34 1.46% |
As of the 4th of February, Equinor ASA shows the Mean Deviation of 1.6, coefficient of variation of 4357.21, and Downside Deviation of 1.93. Equinor ASA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Equinor ASA jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Equinor ASA is priced favorably, providing market reflects its regular price of 23.65 per share.
Equinor ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Equinor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EquinorEquinor |
Equinor ASA 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.
Equinor ASA Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Equinor ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Equinor ASA Trend Analysis
Use this graph to draw trend lines for Equinor ASA. You can use it to identify possible trend reversals for Equinor ASA 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 Equinor ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Equinor ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Equinor ASA applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Equinor ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 55.77, which is the sum of squared deviations for the predicted Equinor ASA price change compared to its average price change.About Equinor ASA 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 Equinor ASA 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 Equinor ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Equinor ASA price pattern first instead of the macroeconomic environment surrounding Equinor ASA. By analyzing Equinor ASA'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 Equinor ASA'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 Equinor ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Equinor ASA February 4, 2025 Technical Indicators
Most technical analysis of Equinor 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 Equinor from various momentum indicators to cycle indicators. When you analyze Equinor 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0252 | |||
Market Risk Adjusted Performance | (0.23) | |||
Mean Deviation | 1.6 | |||
Semi Deviation | 1.89 | |||
Downside Deviation | 1.93 | |||
Coefficient Of Variation | 4357.21 | |||
Standard Deviation | 2.07 | |||
Variance | 4.26 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0479 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.24) | |||
Maximum Drawdown | 9.33 | |||
Value At Risk | (2.75) | |||
Potential Upside | 3.23 | |||
Downside Variance | 3.72 | |||
Semi Variance | 3.56 | |||
Expected Short fall | (1.75) | |||
Skewness | 0.3989 | |||
Kurtosis | 1.37 |
Complementary Tools for Equinor Stock analysis
When running Equinor ASA's price analysis, check to measure Equinor ASA'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 Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
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