Obducat AB (Germany) Technical Analysis

OBD Stock  EUR 0.07  0.02  18.41%   
As of the 28th of November, Obducat AB holds the Semi Deviation of 12.96, risk adjusted performance of 0.0462, and Coefficient Of Variation of 2093.23. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Obducat AB, as well as the relationship between them. Please check Obducat AB coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Obducat AB is priced some-what accurately, providing market reflects its current price of 0.07 per share.

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

Obducat AB 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 Obducat AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Obducat AB Trend Analysis

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

Obducat AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Obducat AB applied against its price change over selected period. The best fit line has a slop of   0.0004  , which may suggest that Obducat AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Obducat AB price change compared to its average price change.

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

Obducat AB November 28, 2024 Technical Indicators

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

Obducat AB November 28, 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 Obducat 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 Obducat Stock analysis

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