Hitachi (Germany) Technical Analysis

HIA1 Stock  EUR 24.76  0.55  2.17%   
As of the 11th of December 2024, Hitachi retains the Risk Adjusted Performance of 0.0908, market risk adjusted performance of 1.54, and Downside Deviation of 2.61. Hitachi 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 Hitachi maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Hitachi is priced fairly, providing market reflects its last-minute price of 24.76 per share.

Hitachi Momentum Analysis

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

Hitachi Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Hitachi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hitachi Trend Analysis

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

Hitachi Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hitachi applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Hitachi will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.46, which is the sum of squared deviations for the predicted Hitachi price change compared to its average price change.

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

Hitachi December 11, 2024 Technical Indicators

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

Hitachi December 11, 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 Hitachi 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 Hitachi Stock analysis

When running Hitachi's price analysis, check to measure Hitachi'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 Hitachi is operating at the current time. Most of Hitachi's value examination focuses on studying past and present price action to predict the probability of Hitachi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitachi's price. Additionally, you may evaluate how the addition of Hitachi to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Transaction History
View history of all your transactions and understand their impact on performance