OOhMedia (Australia) Technical Analysis

OML Stock   1.23  0.02  1.65%   
As of the 18th of January 2025, OOhMedia holds the Coefficient Of Variation of (7,275), variance of 2.77, and Market Risk Adjusted Performance of (0.35). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of OOhMedia, as well as the relationship between them.

OOhMedia Momentum Analysis

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

oOhMedia 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 oOhMedia volatility. High ATR values indicate high volatility, and low values indicate low volatility.

oOhMedia Trend Analysis

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

OOhMedia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for oOhMedia applied against its price change over selected period. The best fit line has a slop of   0.0006  , which may suggest that oOhMedia 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 OOhMedia price change compared to its average price change.

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

OOhMedia January 18, 2025 Technical Indicators

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

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