Square Enix Holdings Stock Technical Analysis

SQNXF Stock  USD 35.75  0.25  0.69%   
As of the 25th of April, Square Enix has the Variance of 5.35, risk adjusted performance of (0.01), and Coefficient Of Variation of (2,825). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Square Enix Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for Square Enix Holdings, which can be compared to its competition. Please validate Square Enix Holdings market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Square Enix is priced more or less accurately, providing market reflects its prevalent price of 35.75 per share. Given that Square Enix Holdings has information ratio of (0.08), we advise you to double-check Square Enix Holdings's current market performance to make sure the company can sustain itself at a future point.

Square Enix Momentum Analysis

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

Square Enix Holdings 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 Square Enix Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Square Enix Holdings Trend Analysis

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

Square Enix Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Square Enix Holdings applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Square Enix Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 363.95, which is the sum of squared deviations for the predicted Square Enix price change compared to its average price change.

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

Square Enix April 25, 2024 Technical Indicators

Most technical analysis of Square 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 Square from various momentum indicators to cycle indicators. When you analyze Square 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Square Enix Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Square Pink Sheet analysis

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