Mytilineos Holdings Sa Stock Technical Analysis

MYTHY Stock  USD 33.23  0.13  0.39%   
As of the 23rd of November, Mytilineos Holdings secures the Mean Deviation of 2.11, standard deviation of 4.59, and Risk Adjusted Performance of 0.008. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mytilineos Holdings, as well as the relationship between them.

Mytilineos Holdings Momentum Analysis

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

Mytilineos Holdings Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Mytilineos Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mytilineos Holdings Trend Analysis

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

Mytilineos Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mytilineos Holdings SA applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Mytilineos Holdings SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 155.56, which is the sum of squared deviations for the predicted Mytilineos Holdings price change compared to its average price change.

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

Mytilineos Holdings November 23, 2024 Technical Indicators

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

Mytilineos Holdings November 23, 2024 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 Mytilineos 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.

Additional Tools for Mytilineos Pink Sheet Analysis

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