ABO (Belgium) Technical Analysis

ABO Stock  EUR 5.45  0.05  0.93%   
As of the 23rd of April, ABO shows the Coefficient Of Variation of (2,776), mean deviation of 1.26, and Variance of 3.49. ABO Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, 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 were able to break down and interpolate data for thirteen technical drivers for ABO Group, which can be compared to its peers. Please confirm ABO Group information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if ABO Group is priced adequately, providing market reflects its regular price of 5.45 per share.

ABO Momentum Analysis

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

ABO Group 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 ABO Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ABO Group Trend Analysis

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

ABO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ABO Group applied against its price change over selected period. The best fit line has a slop of   0.0018  , which may suggest that ABO Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted ABO price change compared to its average price change.

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

ABO April 23, 2024 Technical Indicators

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

ABO April 23, 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 ABO 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ABO Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for ABO Stock analysis

When running ABO's price analysis, check to measure ABO'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 ABO is operating at the current time. Most of ABO's value examination focuses on studying past and present price action to predict the probability of ABO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABO's price. Additionally, you may evaluate how the addition of ABO to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ABO's value and its price as these two are different measures arrived at by different means. Investors typically determine if ABO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.