BNP Paribas (France) Technical Analysis

ETZD Etf  EUR 14.77  0.08  0.54%   
As of the 11th of December 2024, BNP Paribas shows the mean deviation of 0.5574, and Risk Adjusted Performance of 0.0387. BNP Paribas Easy 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 entity's future prices.

BNP Paribas Momentum Analysis

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

BNP Paribas Easy 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 BNP Paribas Easy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BNP Paribas Easy Trend Analysis

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

BNP Paribas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BNP Paribas Easy applied against its price change over selected period. The best fit line has a slop of   0.0051  , which may suggest that BNP Paribas Easy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.99, which is the sum of squared deviations for the predicted BNP Paribas price change compared to its average price change.

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

BNP Paribas December 11, 2024 Technical Indicators

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

BNP Paribas financial ratios help investors to determine whether BNP 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 BNP with respect to the benefits of owning BNP Paribas security.