First BanCorp (Germany) Technical Analysis

OLWN Stock  EUR 18.70  0.30  1.63%   
As of the 20th of January, First BanCorp shows the Mean Deviation of 1.78, coefficient of variation of 4923.38, and Downside Deviation of 2.21. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of First BanCorp, as well as the relationship between them. Please confirm First BanCorp maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if First BanCorp is priced favorably, providing market reflects its regular price of 18.7 per share.

First BanCorp Momentum Analysis

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

First BanCorp 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 First BanCorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

First BanCorp Trend Analysis

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

First BanCorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First BanCorp applied against its price change over selected period. The best fit line has a slop of   0.0099  , which may suggest that First BanCorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.74, which is the sum of squared deviations for the predicted First BanCorp price change compared to its average price change.

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

First BanCorp January 20, 2025 Technical Indicators

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

When running First BanCorp's price analysis, check to measure First BanCorp'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 First BanCorp is operating at the current time. Most of First BanCorp's value examination focuses on studying past and present price action to predict the probability of First BanCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First BanCorp's price. Additionally, you may evaluate how the addition of First BanCorp to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance