Ecora Resources (Germany) Technical Analysis

HGR Stock  EUR 0.76  0.01  1.30%   
As of the 21st of January, Ecora Resources shows the Mean Deviation of 1.58, coefficient of variation of 65580.08, and Downside Deviation of 2.36. Ecora Resources PLC 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 Ecora Resources PLC value at risk, expected short fall, and the relationship between the treynor ratio and downside variance to decide if Ecora Resources PLC is priced favorably, providing market reflects its regular price of 0.76 per share.

Ecora Resources Momentum Analysis

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

Ecora Resources PLC 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 Ecora Resources PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ecora Resources PLC Trend Analysis

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

Ecora Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ecora Resources PLC applied against its price change over selected period. The best fit line has a slop of   0.0006  , which means Ecora Resources PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Ecora Resources price change compared to its average price change.

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

Ecora Resources January 21, 2025 Technical Indicators

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

Ecora Resources January 21, 2025 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 Ecora 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.

Complementary Tools for Ecora Stock analysis

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