Sixt SE (Germany) Technical Analysis

SIX2 Stock  EUR 70.10  1.30  1.82%   
As of the 22nd of November, Sixt SE has the Coefficient Of Variation of 1267.74, semi deviation of 1.98, and Risk Adjusted Performance of 0.066. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sixt SE, as well as the relationship between them. Please validate Sixt SE semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Sixt SE is priced more or less accurately, providing market reflects its prevalent price of 70.1 per share.

Sixt SE Momentum Analysis

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

Sixt SE Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-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 Sixt SE volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sixt SE Trend Analysis

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

Sixt SE Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sixt SE applied against its price change over selected period. The best fit line has a slop of   0.25  , which means Sixt SE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2409.92, which is the sum of squared deviations for the predicted Sixt SE price change compared to its average price change.

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

Sixt SE November 22, 2024 Technical Indicators

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

Sixt SE November 22, 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 Sixt 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 Sixt Stock analysis

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