Byggmax Group (Germany) Momentum Indicators Minus Directional Indicator

BYY Stock  EUR 3.65  0.02  0.54%   
Byggmax Group momentum indicators tool provides the execution environment for running the Minus Directional Indicator indicator and other technical functions against Byggmax Group. Byggmax Group 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 Minus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Byggmax Group are pattern recognition functions that provide distinct formation on Byggmax Group 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 one with a total number of output elements of sixty. The Minus Directional indicator describes the rate of negative changes that contributes to the overall Byggmax Group AB price trend.

Byggmax Group Technical Analysis Modules

Most technical analysis of Byggmax Group 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 Byggmax from various momentum indicators to cycle indicators. When you analyze Byggmax 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 Byggmax Group 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 Byggmax Group AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Byggmax Group AB based on widely used predictive technical indicators. In general, we focus on analyzing Byggmax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Byggmax Group'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 Byggmax Group's intrinsic value. In addition to deriving basic predictive indicators for Byggmax Group, we also check how macroeconomic factors affect Byggmax Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.833.656.47
Details
Intrinsic
Valuation
LowRealHigh
0.233.055.87
Details

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Other Information on Investing in Byggmax Stock

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