Erste Group (Czech Republic) Technical Analysis

ERBAG Stock  CZK 1,308  6.00  0.46%   
As of the 27th of November, Erste Group shows the Downside Deviation of 1.04, coefficient of variation of 874.33, and Mean Deviation of 0.7719. Erste Group Bank 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.

Erste Group Momentum Analysis

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

Erste Group Bank 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 Erste Group Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Erste Group Bank Trend Analysis

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

Erste Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Erste Group Bank applied against its price change over selected period. The best fit line has a slop of   2.51  , which means Erste Group Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 239153.12, which is the sum of squared deviations for the predicted Erste Group price change compared to its average price change.

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

Erste Group November 27, 2024 Technical Indicators

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

Erste Group November 27, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Erste stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Erste Stock Analysis

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