Galapagos Nv Stock Technical Analysis

GLPGF Stock  USD 26.20  9.32  26.24%   
As of the 18th of April 2024, Galapagos retains the Risk Adjusted Performance of (0.05), market risk adjusted performance of (1.08), and Standard Deviation of 3.36. Galapagos technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for Galapagos NV, which can be compared to its competitors. Please check out Galapagos NV standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Galapagos is priced fairly, providing market reflects its last-minute price of 26.2 per share. Given that Galapagos NV has variance of 11.31, we strongly advise you to confirm Galapagos NV's regular market performance to make sure the company can sustain itself at a future point.

Galapagos Momentum Analysis

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

Galapagos NV Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Galapagos NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Galapagos NV Trend Analysis

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

Galapagos Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Galapagos NV applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Galapagos NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.77, which is the sum of squared deviations for the predicted Galapagos price change compared to its average price change.

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

Galapagos April 18, 2024 Technical Indicators

Most technical analysis of Galapagos 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 Galapagos from various momentum indicators to cycle indicators. When you analyze Galapagos 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Galapagos NV information on this page should be used as a complementary analysis to other Galapagos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Galapagos Pink Sheet analysis

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