Optomed PLC (Finland) Technical Analysis

OPTOMED Stock  EUR 4.29  0.11  2.50%   
As of the 21st of January, Optomed PLC holds the Coefficient Of Variation of 10462.68, risk adjusted performance of 0.0158, and Semi Deviation of 2.63. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Optomed PLC, as well as the relationship between them. Please check Optomed PLC information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Optomed PLC is priced some-what accurately, providing market reflects its current price of 4.29 per share.

Optomed PLC Momentum Analysis

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

Optomed PLC 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 Optomed PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Optomed PLC Trend Analysis

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

Optomed PLC Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Optomed PLC applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Optomed PLC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.05, which is the sum of squared deviations for the predicted Optomed PLC price change compared to its average price change.

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

Optomed PLC January 21, 2025 Technical Indicators

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

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