EURONEXT BEL-20 (Belgium) Technical Analysis Overview

BFX -- Belgium Index  

 3,564  58.91  1.68%

EURONEXT BEL-20 shows Mean Deviation of 0.7798. Macroaxis technical analysis interface provides you with the way to check practical technical drivers of EURONEXT BEL-20 as well as the relationship between them. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for EURONEXT BEL-20 which can be compared to its rivals. Please confirm EURONEXT BEL-20 Standard Deviation as well as the relationship between Value At Risk and Kurtosis to decide if EURONEXT BEL-20 is priced fairly providing market reflects its regular price of 3563.94 per share.
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EURONEXT BEL-20 Trend Analysis

Use this graph to draw trend lines for EURONEXT BEL-20. You can use it to identify possible trend reversals for EURONEXT BEL-20 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 EURONEXT BEL-20 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

EURONEXT BEL-20 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EURONEXT BEL-20 applied against its price change over selected period. The best fit line has a slop of 15.12 % which may suggest that EURONEXT BEL-20 market price will keep on failing further. It has 34 observation points and a regression sum of squares at 186572.94, which is the sum of squared deviations for the predicted EURONEXT BEL-20 price change compared to its average price change.

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Correlation Analysis

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EURONEXT BEL-20 Market Strength

EURONEXT BEL-20 October 17, 2018 Daily Price Condition

See also Your Current Watchlist. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.