Companhia Paranaense (Germany) Technical Analysis

ELPA Stock  EUR 1.44  0.09  5.88%   
As of the 29th of November, Companhia Paranaense shows the Mean Deviation of 1.94, downside deviation of 3.47, and Risk Adjusted Performance of 0.0141. Companhia Paranaense 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 Companhia Paranaense standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Companhia Paranaense is priced correctly, providing market reflects its regular price of 1.44 per share.

Companhia Paranaense Momentum Analysis

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

Companhia Paranaense Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Companhia Paranaense volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Companhia Paranaense Trend Analysis

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

Companhia Paranaense Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Companhia Paranaense de applied against its price change over selected period. The best fit line has a slop of   0.0016  , which may suggest that Companhia Paranaense de market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Companhia Paranaense price change compared to its average price change.

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

Companhia Paranaense November 29, 2024 Technical Indicators

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

Companhia Paranaense November 29, 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 Companhia 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 Companhia Stock analysis

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