OBIC CoLtd (Germany) Technical Analysis

OBL Stock  EUR 28.60  0.40  1.42%   
As of the 3rd of January, OBIC CoLtd holds the market risk adjusted performance of (0.79), and Variance of 2.02. In respect to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of OBIC CoLtd, as well as the relationship between them. Please check OBIC CoLtd maximum drawdown, and the relationship between the information ratio and potential upside to decide if OBIC CoLtd is priced fairly, providing market reflects its current price of 28.6 per share.

OBIC CoLtd Momentum Analysis

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

OBIC CoLtd Technical Analysis

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OBIC CoLtd Trend Analysis

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

OBIC CoLtd Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OBIC CoLtd applied against its price change over selected period. The best fit line has a slop of   0.008  , which may suggest that OBIC CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.41, which is the sum of squared deviations for the predicted OBIC CoLtd price change compared to its average price change.

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

OBIC CoLtd January 3, 2025 Technical Indicators

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

OBIC CoLtd January 3, 2025 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 OBIC 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 OBIC Stock analysis

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