COMPUGROUP MEDSPADR (Germany) Technical Analysis

COPA Stock  EUR 20.80  0.20  0.97%   
As of the 23rd of December, COMPUGROUP MEDSPADR shows the risk adjusted performance of 0.1095, and Mean Deviation of 3.53. COMPUGROUP MEDSPADR 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. Please confirm COMPUGROUP MEDSPADR variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if COMPUGROUP MEDSPADR is priced favorably, providing market reflects its regular price of 20.8 per share.

COMPUGROUP MEDSPADR Momentum Analysis

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

COMPUGROUP MEDSPADR Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-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 COMPUGROUP MEDSPADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

COMPUGROUP MEDSPADR Trend Analysis

Use this graph to draw trend lines for COMPUGROUP MEDSPADR 1. You can use it to identify possible trend reversals for COMPUGROUP MEDSPADR 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 COMPUGROUP MEDSPADR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

COMPUGROUP MEDSPADR Best Fit Change Line

The following chart estimates an ordinary least squares regression model for COMPUGROUP MEDSPADR 1 applied against its price change over selected period. The best fit line has a slop of   0.13  , which means COMPUGROUP MEDSPADR 1 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 644.26, which is the sum of squared deviations for the predicted COMPUGROUP MEDSPADR price change compared to its average price change.

About COMPUGROUP MEDSPADR 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 COMPUGROUP MEDSPADR 1 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 COMPUGROUP MEDSPADR 1 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on COMPUGROUP MEDSPADR price pattern first instead of the macroeconomic environment surrounding COMPUGROUP MEDSPADR. By analyzing COMPUGROUP MEDSPADR'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 COMPUGROUP MEDSPADR'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 COMPUGROUP MEDSPADR specific price patterns or momentum indicators. Please read more on our technical analysis page.

COMPUGROUP MEDSPADR December 23, 2024 Technical Indicators

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

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