WOOLWORTHS (Germany) Technical Analysis

WN3 Stock  EUR 3.18  0.02  0.63%   
As of the 6th of January, WOOLWORTHS maintains the Standard Deviation of 2.03, mean deviation of 1.55, and Risk Adjusted Performance of (0.03). Our technical analysis interface lets you check available technical drivers of WOOLWORTHS H NEW, as well as the relationship between them. Please check out WOOLWORTHS H NEW coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if WOOLWORTHS H NEW is priced some-what accurately, providing market reflects its latest price of 3.18 per share.

WOOLWORTHS Momentum Analysis

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

WOOLWORTHS H NEW Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 WOOLWORTHS H NEW volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WOOLWORTHS H NEW Trend Analysis

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

WOOLWORTHS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WOOLWORTHS H NEW applied against its price change over selected period. The best fit line has a slop of   0.0029  , which may suggest that WOOLWORTHS H NEW market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.31, which is the sum of squared deviations for the predicted WOOLWORTHS price change compared to its average price change.

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

WOOLWORTHS January 6, 2025 Technical Indicators

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

When running WOOLWORTHS's price analysis, check to measure WOOLWORTHS'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 WOOLWORTHS is operating at the current time. Most of WOOLWORTHS's value examination focuses on studying past and present price action to predict the probability of WOOLWORTHS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WOOLWORTHS's price. Additionally, you may evaluate how the addition of WOOLWORTHS to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Fundamental Analysis
View fundamental data based on most recent published financial statements
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins