Sminn Hf (Iceland) Technical Analysis

SIMINN Stock  ISK 12.80  0.20  1.59%   
As of the 29th of November, Sminn Hf has the Semi Deviation of 0.3927, risk adjusted performance of 0.2471, and Coefficient Of Variation of 314.72. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sminn hf, as well as the relationship between them.

Sminn Hf Momentum Analysis

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

Sminn hf Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Sminn hf volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sminn hf Trend Analysis

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

Sminn Hf Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sminn hf applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Sminn hf will continue generating value for investors. It has 122 observation points and a regression sum of squares at 81.13, which is the sum of squared deviations for the predicted Sminn Hf price change compared to its average price change.

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

Sminn Hf November 29, 2024 Technical Indicators

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

Sminn Hf November 29, 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 Sminn 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 Sminn Stock analysis

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