THORNEY TECHS (Germany) Technical Analysis

TTG Stock  EUR 0.08  0.0005  0.62%   
As of the 27th of November, THORNEY TECHS has the risk adjusted performance of 0.0734, and Coefficient Of Variation of 1176.79. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of THORNEY TECHS LTD, as well as the relationship between them. Please validate THORNEY TECHS LTD jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if THORNEY TECHS is priced adequately, providing market reflects its prevalent price of 0.0805 per share.

THORNEY TECHS Momentum Analysis

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

THORNEY TECHS LTD 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 THORNEY TECHS LTD volatility. High ATR values indicate high volatility, and low values indicate low volatility.

THORNEY TECHS LTD Trend Analysis

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

THORNEY TECHS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for THORNEY TECHS LTD applied against its price change over selected period. The best fit line has a slop of   0.0002  , which means THORNEY TECHS LTD will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted THORNEY TECHS price change compared to its average price change.

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

THORNEY TECHS November 27, 2024 Technical Indicators

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

THORNEY TECHS 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 THORNEY 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 THORNEY Stock analysis

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