STRAX AB (Germany) Technical Analysis

NOBC Stock  EUR 0.01  0.0002  2.33%   
As of the 18th of January 2025, STRAX AB has the risk adjusted performance of (0), and Variance of 168.88. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of STRAX AB SK, as well as the relationship between them. Please validate STRAX AB SK coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if STRAX AB is priced fairly, providing market reflects its prevalent price of 0.0088 per share.

STRAX AB Momentum Analysis

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

STRAX AB SK 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 STRAX AB SK volatility. High ATR values indicate high volatility, and low values indicate low volatility.

STRAX AB SK Trend Analysis

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

STRAX AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for STRAX AB SK applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that STRAX AB SK market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted STRAX AB price change compared to its average price change.

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

STRAX AB January 18, 2025 Technical Indicators

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

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