AB Volvo (Sweden) Technical Analysis

VOLV-B Stock  SEK 271.50  2.10  0.78%   
As of the 23rd of November, AB Volvo owns the Market Risk Adjusted Performance of 0.0886, coefficient of variation of 3741.59, and Standard Deviation of 1.4. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of AB Volvo, as well as the relationship between them.

AB Volvo Momentum Analysis

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

AB Volvo Technical Analysis

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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 AB Volvo volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AB Volvo Trend Analysis

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

AB Volvo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AB Volvo applied against its price change over selected period. The best fit line has a slop of   0.33  , which means AB Volvo will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4040.56, which is the sum of squared deviations for the predicted AB Volvo price change compared to its average price change.

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

AB Volvo November 23, 2024 Technical Indicators

Most technical analysis of VOLV-B 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 VOLV-B from various momentum indicators to cycle indicators. When you analyze VOLV-B 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.

AB Volvo November 23, 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 VOLV-B 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 VOLV-B Stock analysis

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