Sonova H (Switzerland) Technical Analysis

SOON Stock  CHF 304.60  1.60  0.52%   
As of the 26th of November, Sonova H has the Risk Adjusted Performance of 0.0366, semi deviation of 1.45, and Coefficient Of Variation of 2447.49. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sonova H Ag, as well as the relationship between them. Please validate Sonova H Ag information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Sonova H is priced more or less accurately, providing market reflects its prevalent price of 304.6 per share.

Sonova H Momentum Analysis

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

Sonova H Ag 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 Sonova H Ag volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sonova H Ag Trend Analysis

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

Sonova H Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sonova H Ag applied against its price change over selected period. The best fit line has a slop of   0.35  , which means Sonova H Ag will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4635.19, which is the sum of squared deviations for the predicted Sonova H price change compared to its average price change.

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

Sonova H November 26, 2024 Technical Indicators

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

Sonova H November 26, 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 Sonova 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.

Additional Tools for Sonova Stock Analysis

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