Atea ASA (Germany) Technical Analysis

MKL Stock  EUR 11.42  0.26  2.23%   
As of the 28th of November, Atea ASA shows the mean deviation of 1.97, and Risk Adjusted Performance of 0.0948. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Atea ASA, as well as the relationship between them. Please confirm Atea ASA coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Atea ASA is priced correctly, providing market reflects its regular price of 11.42 per share.

Atea 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 Atea, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Atea
  
Atea ASA'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.
Atea 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.
A focus of Atea ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atea ASA 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...

Atea ASA Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Atea ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Atea ASA Trend Analysis

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

Atea ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Atea ASA applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Atea ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 26.37, which is the sum of squared deviations for the predicted Atea ASA price change compared to its average price change.

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

Atea ASA November 28, 2024 Technical Indicators

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

Complementary Tools for Atea Stock analysis

When running Atea ASA's price analysis, check to measure Atea 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 Atea ASA is operating at the current time. Most of Atea ASA's value examination focuses on studying past and present price action to predict the probability of Atea 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 Atea ASA's price. Additionally, you may evaluate how the addition of Atea ASA to your portfolios can decrease your overall portfolio volatility.
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