BLUELINX HLDGS (Germany) Technical Analysis

FZG1 Stock  EUR 116.00  1.00  0.87%   
As of the 15th of December 2024, BLUELINX HLDGS shows the risk adjusted performance of 0.1206, and Mean Deviation of 2.0. BLUELINX HLDGS DL 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 BLUELINX HLDGS DL maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if BLUELINX HLDGS DL is priced some-what accurately, providing market reflects its regular price of 116.0 per share.

BLUELINX HLDGS Momentum Analysis

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

BLUELINX HLDGS DL Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 BLUELINX HLDGS DL volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BLUELINX HLDGS DL Trend Analysis

Use this graph to draw trend lines for BLUELINX HLDGS DL 01. You can use it to identify possible trend reversals for BLUELINX HLDGS 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 BLUELINX HLDGS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

BLUELINX HLDGS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BLUELINX HLDGS DL 01 applied against its price change over selected period. The best fit line has a slop of   0.55  , which means BLUELINX HLDGS DL 01 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11377.94, which is the sum of squared deviations for the predicted BLUELINX HLDGS price change compared to its average price change.

About BLUELINX HLDGS 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 BLUELINX HLDGS DL 01 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 BLUELINX HLDGS DL 01 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BLUELINX HLDGS DL price pattern first instead of the macroeconomic environment surrounding BLUELINX HLDGS DL. By analyzing BLUELINX HLDGS'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 BLUELINX HLDGS'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 BLUELINX HLDGS specific price patterns or momentum indicators. Please read more on our technical analysis page.

BLUELINX HLDGS December 15, 2024 Technical Indicators

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

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