CGN NEW (Germany) Technical Analysis

C41 Stock  EUR 0.27  0.01  3.57%   
As of the 4th of January, CGN NEW shows the risk adjusted performance of 0.0349, and Mean Deviation of 2.23. Our technical analysis interface gives you tools to check helpful technical drivers of CGN NEW ENERGY, as well as the relationship between them. Please confirm CGN NEW ENERGY standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if CGN NEW ENERGY is priced favorably, providing market reflects its regular price of 0.27 per share.

CGN NEW Momentum Analysis

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

CGN NEW ENERGY Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 CGN NEW ENERGY volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CGN NEW ENERGY Trend Analysis

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

CGN NEW Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CGN NEW ENERGY applied against its price change over selected period. The best fit line has a slop of   0.0002  , which means CGN NEW ENERGY will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted CGN NEW price change compared to its average price change.

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

CGN NEW January 4, 2025 Technical Indicators

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

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