Galp Energa Stock Technical Analysis
| GLPEY Stock | USD 8.26 0.11 1.35% |
As of the 25th of November, Galp Energa retains the Risk Adjusted Performance of (0.18), market risk adjusted performance of 19.96, and Standard Deviation of 1.49. Galp Energa technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Galp Energa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Galp, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GalpGalp |
Galp Energa 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.
Galp Energa Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Galp Energa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Galp Energa Trend Analysis
Use this graph to draw trend lines for Galp Energa. You can use it to identify possible trend reversals for Galp Energa 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 Galp Energa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Galp Energa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Galp Energa applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Galp Energa market price will keep on failing further. It has 122 observation points and a regression sum of squares at 29.32, which is the sum of squared deviations for the predicted Galp Energa price change compared to its average price change.About Galp Energa 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 Galp Energa 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 Galp Energa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Galp Energa price pattern first instead of the macroeconomic environment surrounding Galp Energa. By analyzing Galp Energa'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 Galp Energa'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 Galp Energa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Galp Energa November 25, 2024 Technical Indicators
Most technical analysis of Galp 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 Galp from various momentum indicators to cycle indicators. When you analyze Galp 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 | (0.18) | |||
| Market Risk Adjusted Performance | 19.96 | |||
| Mean Deviation | 1.15 | |||
| Coefficient Of Variation | (415.14) | |||
| Standard Deviation | 1.49 | |||
| Variance | 2.22 | |||
| Information Ratio | (0.33) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 19.95 | |||
| Maximum Drawdown | 7.62 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 1.54 | |||
| Skewness | (0.85) | |||
| Kurtosis | 1.05 |
Additional Tools for Galp Pink Sheet Analysis
When running Galp Energa's price analysis, check to measure Galp Energa'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 Galp Energa is operating at the current time. Most of Galp Energa's value examination focuses on studying past and present price action to predict the probability of Galp Energa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galp Energa's price. Additionally, you may evaluate how the addition of Galp Energa to your portfolios can decrease your overall portfolio volatility.