Athens Water (Greece) Technical Analysis

EYDAP Stock  EUR 5.80  0.05  0.87%   
As of the 23rd of April, Athens Water shows the mean deviation of 1.13, and Risk Adjusted Performance of (0.02). Athens Water Supply 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 were able to interpolate data for thirteen technical drivers for Athens Water Supply, which can be compared to its peers. Please confirm Athens Water Supply coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Athens Water Supply is priced correctly, providing market reflects its regular price of 5.8 per share.

Athens Water Momentum Analysis

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

Athens Water Supply 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 Athens Water Supply volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Athens Water Supply Trend Analysis

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

Athens Water Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Athens Water Supply applied against its price change over selected period. The best fit line has a slop of   0.003  , which may suggest that Athens Water Supply market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.35, which is the sum of squared deviations for the predicted Athens Water price change compared to its average price change.

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

Athens Water April 23, 2024 Technical Indicators

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

Athens Water 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 Athens 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Athens Water Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Athens Stock analysis

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