UNICREDIT SPA (Germany) Technical Analysis

CRIP Stock  EUR 17.90  0.10  0.56%   
As of the 2nd of December, UNICREDIT SPA has the risk adjusted performance of 0.0221, and Coefficient Of Variation of 4728.34. UNICREDIT SPA technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate UNICREDIT SPA ADR downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if UNICREDIT SPA is priced adequately, providing market reflects its prevalent price of 17.9 per share.

UNICREDIT SPA Momentum Analysis

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

UNICREDIT SPA ADR Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 UNICREDIT SPA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

UNICREDIT SPA ADR Trend Analysis

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

UNICREDIT SPA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for UNICREDIT SPA ADR applied against its price change over selected period. The best fit line has a slop of   0.02  , which means UNICREDIT SPA ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.47, which is the sum of squared deviations for the predicted UNICREDIT SPA price change compared to its average price change.

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

UNICREDIT SPA December 2, 2024 Technical Indicators

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

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