Tencent Holdings (Germany) Technical Analysis

NNND Stock  EUR 48.55  0.35  0.72%   
As of the 29th of November, Tencent Holdings has the Coefficient Of Variation of 1106.24, semi deviation of 2.17, and Risk Adjusted Performance of 0.0763. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tencent Holdings, as well as the relationship between them. Please validate Tencent Holdings jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Tencent Holdings is priced more or less accurately, providing market reflects its prevalent price of 48.55 per share.

Tencent Holdings Momentum Analysis

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

Tencent Holdings Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 Tencent Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tencent Holdings Trend Analysis

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

Tencent Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tencent Holdings applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Tencent Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 219.07, which is the sum of squared deviations for the predicted Tencent Holdings price change compared to its average price change.

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

Tencent Holdings November 29, 2024 Technical Indicators

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

Tencent Holdings November 29, 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 Tencent 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 Tencent Stock analysis

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