Sparebanken Sor (Norway) Technical Analysis

SOR Stock  NOK 189.50  0.16  0.08%   
As of the 27th of November, Sparebanken Sor has the Semi Deviation of 0.833, coefficient of variation of 826.79, and Risk Adjusted Performance of 0.0992. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparebanken Sor, as well as the relationship between them. Please validate Sparebanken Sor coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Sparebanken Sor is priced more or less accurately, providing market reflects its prevalent price of 189.5 per share.

Sparebanken Sor Momentum Analysis

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

Sparebanken Sor 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 Sparebanken Sor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sparebanken Sor Trend Analysis

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

Sparebanken Sor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparebanken Sor applied against its price change over selected period. The best fit line has a slop of   0.28  , which means Sparebanken Sor will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3042.85, which is the sum of squared deviations for the predicted Sparebanken Sor price change compared to its average price change.

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

Sparebanken Sor November 27, 2024 Technical Indicators

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

Sparebanken Sor November 27, 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 Sparebanken 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.

Other Information on Investing in Sparebanken Stock

Sparebanken Sor financial ratios help investors to determine whether Sparebanken Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sparebanken with respect to the benefits of owning Sparebanken Sor security.