Ming Le (Germany) Technical Analysis

ML2 Stock  EUR 1.20  0.10  7.69%   
As of the 16th of December 2024, Ming Le secures the Mean Deviation of 1.55, standard deviation of 5.4, and Risk Adjusted Performance of 0.0519. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Ming Le Sports, as well as the relationship between them. Please verify Ming Le Sports treynor ratio, value at risk, kurtosis, as well as the relationship between the maximum drawdown and skewness to decide if Ming Le Sports is priced some-what accurately, providing market reflects its recent price of 1.2 per share.

Ming Le Momentum Analysis

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

Ming Le Sports Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Ming Le Sports volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ming Le Sports Trend Analysis

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

Ming Le Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ming Le Sports applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Ming Le Sports will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.31, which is the sum of squared deviations for the predicted Ming Le price change compared to its average price change.

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

Ming Le December 16, 2024 Technical Indicators

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

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