DENSO P (Germany) Technical Analysis

DNOA Stock  EUR 12.30  0.10  0.81%   
As of the 21st of December, DENSO P shows the Mean Deviation of 1.19, downside deviation of 1.84, and Semi Deviation of 1.45. DENSO P ADR 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 DENSO P ADR standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if DENSO P ADR is priced some-what accurately, providing market reflects its regular price of 12.3 per share.

DENSO P Momentum Analysis

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

DENSO P ADR 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 DENSO P ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

DENSO P ADR Trend Analysis

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

DENSO P Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DENSO P ADR applied against its price change over selected period. The best fit line has a slop of   0.01  , which means DENSO P ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.21, which is the sum of squared deviations for the predicted DENSO P price change compared to its average price change.

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

DENSO P December 21, 2024 Technical Indicators

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

DENSO P December 21, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DENSO stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for DENSO Stock analysis

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