Cargotec Oyj (Finland) Technical Analysis

CGCBV Stock  EUR 52.62  0.22  0.42%   
As of the 1st of December, Cargotec Oyj shows the Downside Deviation of 1.79, risk adjusted performance of 0.0673, and Mean Deviation of 1.47. Cargotec Oyj technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cargotec Oyj Momentum Analysis

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

Cargotec Oyj 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 Cargotec Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cargotec Oyj Trend Analysis

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

Cargotec Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cargotec Oyj applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Cargotec Oyj will continue generating value for investors. It has 122 observation points and a regression sum of squares at 823.81, which is the sum of squared deviations for the predicted Cargotec Oyj price change compared to its average price change.

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

Cargotec Oyj December 1, 2024 Technical Indicators

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

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