Telenor Asa Stock Technical Analysis

TELNF Stock  USD 10.81  0.49  4.34%   
As of the 24th of December, Telenor ASA has the Variance of 2.99, coefficient of variation of (1,165), and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Telenor ASA, as well as the relationship between them. Please validate Telenor ASA information ratio and potential upside to decide if Telenor ASA is priced more or less accurately, providing market reflects its prevalent price of 10.81 per share. Given that Telenor ASA has information ratio of (0.11), we advise you to double-check Telenor ASA's current market performance to make sure the company can sustain itself at a future point.

Telenor ASA Momentum Analysis

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

Telenor ASA 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 Telenor ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Telenor ASA Trend Analysis

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

Telenor ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Telenor ASA applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Telenor ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.29, which is the sum of squared deviations for the predicted Telenor ASA price change compared to its average price change.

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

Telenor ASA December 24, 2024 Technical Indicators

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

Telenor ASA December 24, 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 Telenor 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 Telenor Pink Sheet analysis

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