HH International (Denmark) Technical Analysis

HH Stock  DKK 79.60  0.40  0.51%   
As of the 3rd of December, HH International owns the Information Ratio of (0.30), coefficient of variation of (479.20), and Market Risk Adjusted Performance of 1.07. HH International AS technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.

HH International Momentum Analysis

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

HH International Technical Analysis

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The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 HH International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

HH International Trend Analysis

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

HH International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HH International AS applied against its price change over selected period. The best fit line has a slop of   0.29  , which may suggest that HH International AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3249.12, which is the sum of squared deviations for the predicted HH International price change compared to its average price change.

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

HH International December 3, 2024 Technical Indicators

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

Other Information on Investing in HH International Stock

HH International financial ratios help investors to determine whether HH International Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HH International with respect to the benefits of owning HH International security.