Dena Co Stock Technical Analysis

DNACF Stock  USD 21.97  1.97  9.85%   
As of the 7th of January, DeNA shows the Coefficient Of Variation of 582.37, standard deviation of 6.82, and Mean Deviation of 2.85. DeNA 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 DeNA variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if DeNA is priced more or less accurately, providing market reflects its regular price of 21.97 per share. Given that DeNA has information ratio of 0.1676, we urge you to verify DeNA Co's prevailing market performance to make sure the company can sustain itself next year.

DeNA Momentum Analysis

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

DeNA 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 DeNA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

DeNA Trend Analysis

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

DeNA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DeNA Co applied against its price change over selected period. The best fit line has a slop of   0.15  , which means DeNA Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 890.69, which is the sum of squared deviations for the predicted DeNA price change compared to its average price change.

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

DeNA January 7, 2025 Technical Indicators

Most technical analysis of DeNA 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 DeNA from various momentum indicators to cycle indicators. When you analyze DeNA 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 DeNA Pink Sheet analysis

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