ELEMENT 29 (Germany) Technical Analysis
2IK Stock | EUR 0.24 0.01 4.00% |
As of the 19th of March, ELEMENT 29 shows the mean deviation of 5.11, and Standard Deviation of 6.84. ELEMENT 29 RESOURCES technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm ELEMENT 29 RESOURCES coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if ELEMENT 29 RESOURCES is priced some-what accurately, providing market reflects its regular price of 0.24 per share.
ELEMENT 29 Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ELEMENT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ELEMENTELEMENT |
ELEMENT 29 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.
ELEMENT 29 RESOURCES Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 ELEMENT 29 RESOURCES volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ELEMENT 29 RESOURCES Trend Analysis
Use this graph to draw trend lines for ELEMENT 29 RESOURCES. You can use it to identify possible trend reversals for ELEMENT 29 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 ELEMENT 29 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ELEMENT 29 Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ELEMENT 29 RESOURCES applied against its price change over selected period. The best fit line has a slop of 0.0017 , which may suggest that ELEMENT 29 RESOURCES market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted ELEMENT 29 price change compared to its average price change.About ELEMENT 29 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 ELEMENT 29 RESOURCES 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 ELEMENT 29 RESOURCES based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ELEMENT 29 RESOURCES price pattern first instead of the macroeconomic environment surrounding ELEMENT 29 RESOURCES. By analyzing ELEMENT 29'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 ELEMENT 29'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 ELEMENT 29 specific price patterns or momentum indicators. Please read more on our technical analysis page.
ELEMENT 29 March 19, 2025 Technical Indicators
Most technical analysis of ELEMENT 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 ELEMENT from various momentum indicators to cycle indicators. When you analyze ELEMENT 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.02) | |||
Market Risk Adjusted Performance | (0.24) | |||
Mean Deviation | 5.11 | |||
Coefficient Of Variation | (3,248) | |||
Standard Deviation | 6.84 | |||
Variance | 46.73 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | 0.4872 | |||
Treynor Ratio | (0.25) | |||
Maximum Drawdown | 34.63 | |||
Value At Risk | (9.09) | |||
Potential Upside | 12.12 | |||
Skewness | 0.7671 | |||
Kurtosis | 1.12 |
ELEMENT 29 March 19, 2025 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 ELEMENT 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.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.96 | ||
Day Median Price | 0.24 | ||
Day Typical Price | 0.24 | ||
Price Action Indicator | (0.01) |
Complementary Tools for ELEMENT Stock analysis
When running ELEMENT 29's price analysis, check to measure ELEMENT 29'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 ELEMENT 29 is operating at the current time. Most of ELEMENT 29's value examination focuses on studying past and present price action to predict the probability of ELEMENT 29's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ELEMENT 29's price. Additionally, you may evaluate how the addition of ELEMENT 29 to your portfolios can decrease your overall portfolio volatility.
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