Catena Media (Sweden) Technical Analysis

CTM Stock  SEK 9.58  0.22  2.24%   
As of the 19th of April, Catena Media shows the Downside Deviation of 4.23, mean deviation of 3.42, and Risk Adjusted Performance of 0.0206. Catena Media plc 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 firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Catena Media plc, which can be compared to its peers. Please confirm Catena Media plc variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Catena Media plc is priced correctly, providing market reflects its regular price of 9.58 per share.

Catena Media Momentum Analysis

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

Catena Media plc 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 Catena Media plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Catena Media plc Trend Analysis

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

Catena Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Catena Media plc applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Catena Media plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.02, which is the sum of squared deviations for the predicted Catena Media price change compared to its average price change.

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

Catena Media April 19, 2024 Technical Indicators

Most technical analysis of Catena 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 Catena from various momentum indicators to cycle indicators. When you analyze Catena 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Catena Media plc. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Catena Stock analysis

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