Mytilineos (Greece) Momentum Indicators Average Directional Movement Index Rating

MYTIL Stock  EUR 31.10  0.44  1.40%   
Mytilineos momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Mytilineos. Mytilineos value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Mytilineos are pattern recognition functions that provide distinct formation on Mytilineos potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty with a total number of output elements of twenty-one. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Mytilineos SA is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Mytilineos ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Mytilineos Technical Analysis Modules

Most technical analysis of Mytilineos 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 Mytilineos from various momentum indicators to cycle indicators. When you analyze Mytilineos charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Mytilineos Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Mytilineos SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mytilineos SA based on widely used predictive technical indicators. In general, we focus on analyzing Mytilineos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mytilineos's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Mytilineos's intrinsic value. In addition to deriving basic predictive indicators for Mytilineos, we also check how macroeconomic factors affect Mytilineos price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
29.6431.1032.56
Details
Intrinsic
Valuation
LowRealHigh
30.8332.2933.75
Details
Naive
Forecast
LowNextHigh
29.7831.2432.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.0631.6332.21
Details

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Other Information on Investing in Mytilineos Stock

Mytilineos financial ratios help investors to determine whether Mytilineos 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 Mytilineos with respect to the benefits of owning Mytilineos security.