Observe Medical (Norway) Technical Analysis
OBSRV Stock | NOK 0.39 0.01 2.50% |
As of the 3rd of December, Observe Medical holds the Semi Deviation of 4.66, coefficient of variation of 2748.33, and Risk Adjusted Performance of 0.0366. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Observe Medical, as well as the relationship between them.
Observe Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Observe, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ObserveObserve |
Observe Medical 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.
Observe Medical Asa Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Observe Medical Asa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Observe Medical Asa Trend Analysis
Use this graph to draw trend lines for Observe Medical Asa. You can use it to identify possible trend reversals for Observe Medical 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 Observe Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Observe Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Observe Medical Asa applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Observe Medical Asa market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Observe Medical price change compared to its average price change.About Observe Medical 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 Observe Medical Asa 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 Observe Medical Asa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Observe Medical Asa price pattern first instead of the macroeconomic environment surrounding Observe Medical Asa. By analyzing Observe Medical'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 Observe Medical'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 Observe Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Observe Medical December 3, 2024 Technical Indicators
Most technical analysis of Observe 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 Observe from various momentum indicators to cycle indicators. When you analyze Observe 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0366 | |||
Market Risk Adjusted Performance | 0.2341 | |||
Mean Deviation | 4.22 | |||
Semi Deviation | 4.66 | |||
Downside Deviation | 6.33 | |||
Coefficient Of Variation | 2748.33 | |||
Standard Deviation | 6.61 | |||
Variance | 43.66 | |||
Information Ratio | 0.0176 | |||
Jensen Alpha | 0.1129 | |||
Total Risk Alpha | (0.76) | |||
Sortino Ratio | 0.0183 | |||
Treynor Ratio | 0.2241 | |||
Maximum Drawdown | 43.05 | |||
Value At Risk | (8.57) | |||
Potential Upside | 9.38 | |||
Downside Variance | 40.07 | |||
Semi Variance | 21.69 | |||
Expected Short fall | (6.29) | |||
Skewness | 1.73 | |||
Kurtosis | 6.84 |
Observe Medical December 3, 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 Observe 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.
Accumulation Distribution | 63,390 | ||
Daily Balance Of Power | (0.25) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 0.39 | ||
Day Typical Price | 0.39 | ||
Price Action Indicator | 0.00 |
Other Information on Investing in Observe Stock
Observe Medical financial ratios help investors to determine whether Observe 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 Observe with respect to the benefits of owning Observe Medical security.