Gentex (Germany) Technical Analysis

GTX Stock  EUR 28.00  0.20  0.71%   
As of the 22nd of December, Gentex retains the Risk Adjusted Performance of 0.0552, market risk adjusted performance of 0.1984, and Downside Deviation of 1.42. Gentex technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Gentex maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Gentex is priced fairly, providing market reflects its last-minute price of 28.0 per share.

Gentex Momentum Analysis

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

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

Gentex Trend Analysis

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

Gentex Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gentex applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Gentex will continue generating value for investors. It has 122 observation points and a regression sum of squares at 71.67, which is the sum of squared deviations for the predicted Gentex price change compared to its average price change.

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

Gentex December 22, 2024 Technical Indicators

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

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