Technip Energies (France) Technical Analysis
TE Stock | EUR 22.88 0.90 3.78% |
As of the 24th of November, Technip Energies has the Coefficient Of Variation of 1202.79, risk adjusted performance of 0.0704, and Semi Deviation of 1.74. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Technip Energies, as well as the relationship between them.
Technip Energies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Technip, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TechnipTechnip |
Technip Energies 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.
Technip Energies Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Technip Energies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technip Energies Trend Analysis
Use this graph to draw trend lines for Technip Energies BV. You can use it to identify possible trend reversals for Technip Energies 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 Technip Energies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Technip Energies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Technip Energies BV applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Technip Energies BV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 127.36, which is the sum of squared deviations for the predicted Technip Energies price change compared to its average price change.About Technip Energies 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 Technip Energies BV 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 Technip Energies BV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Technip Energies price pattern first instead of the macroeconomic environment surrounding Technip Energies. By analyzing Technip Energies'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 Technip Energies'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 Technip Energies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Technip Energies November 24, 2024 Technical Indicators
Most technical analysis of Technip 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 Technip from various momentum indicators to cycle indicators. When you analyze Technip 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0704 | |||
Market Risk Adjusted Performance | 0.3797 | |||
Mean Deviation | 1.58 | |||
Semi Deviation | 1.74 | |||
Downside Deviation | 1.89 | |||
Coefficient Of Variation | 1202.79 | |||
Standard Deviation | 2.29 | |||
Variance | 5.24 | |||
Information Ratio | 0.026 | |||
Jensen Alpha | 0.1214 | |||
Total Risk Alpha | (0.18) | |||
Sortino Ratio | 0.0315 | |||
Treynor Ratio | 0.3697 | |||
Maximum Drawdown | 14.8 | |||
Value At Risk | (2.89) | |||
Potential Upside | 3.4 | |||
Downside Variance | 3.57 | |||
Semi Variance | 3.04 | |||
Expected Short fall | (1.72) | |||
Skewness | 1.64 | |||
Kurtosis | 6.52 |
Complementary Tools for Technip Stock analysis
When running Technip Energies' price analysis, check to measure Technip Energies' 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 Technip Energies is operating at the current time. Most of Technip Energies' value examination focuses on studying past and present price action to predict the probability of Technip Energies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Technip Energies' price. Additionally, you may evaluate how the addition of Technip Energies to your portfolios can decrease your overall portfolio volatility.
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