Sporttotal (Germany) Technical Analysis

WIG1 Stock  EUR 0.46  0.04  9.52%   
As of the 24th of November, Sporttotal has the Coefficient Of Variation of (3,528), risk adjusted performance of (0.01), and Variance of 29.03. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sporttotal AG, as well as the relationship between them. Please validate Sporttotal AG coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Sporttotal is priced more or less accurately, providing market reflects its prevalent price of 0.46 per share.

Sporttotal Momentum Analysis

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

Sporttotal AG 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 Sporttotal AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sporttotal AG Trend Analysis

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

Sporttotal Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sporttotal AG applied against its price change over selected period. The best fit line has a slop of   0.0018  , which may suggest that Sporttotal AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Sporttotal price change compared to its average price change.

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

Sporttotal November 24, 2024 Technical Indicators

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

Complementary Tools for Sporttotal Stock analysis

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