HDFC Bank (Germany) Technical Analysis

HDFA Stock  EUR 63.50  0.50  0.79%   
As of the 12th of December 2024, HDFC Bank retains the Risk Adjusted Performance of 0.0905, market risk adjusted performance of 0.6872, and Semi Deviation of 1.29. HDFC Bank 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 HDFC Bank Limited coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if HDFC Bank is priced more or less accurately, providing market reflects its last-minute price of 63.5 per share.

HDFC Bank Momentum Analysis

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

HDFC Bank Limited Technical Analysis

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The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 HDFC Bank Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

HDFC Bank Limited Trend Analysis

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

HDFC Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HDFC Bank Limited applied against its price change over selected period. The best fit line has a slop of   0.13  , which means HDFC Bank Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 619.4, which is the sum of squared deviations for the predicted HDFC Bank price change compared to its average price change.

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

HDFC Bank December 12, 2024 Technical Indicators

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

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