Magyar Telekom (Hungary) Technical Analysis

MTEL Stock   1,254  6.00  0.48%   

Magyar Telekom Momentum Analysis

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

Magyar Telekom PLC Technical Analysis

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The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Magyar Telekom PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Magyar Telekom PLC Trend Analysis

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

Magyar Telekom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Magyar Telekom PLC applied against its price change over selected period. The best fit line has a slop of   3.98  , which means Magyar Telekom PLC will continue producing value for investors. It has 122 observation points and a regression sum of squares at 598100.48, which is the sum of squared deviations for the predicted Magyar Telekom price change compared to its average price change.

Magyar Telekom November 27, 2024 Technical Indicators

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

Additional Tools for Magyar Stock Analysis

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