Hitachi (Germany) Technical Analysis

HIA1 Stock  EUR 82.88  1.12  1.33%   
As of the 19th of April, Hitachi retains the Downside Deviation of 1.56, risk adjusted performance of 0.1168, and Market Risk Adjusted Performance of 1.8. Hitachi 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 nineteen technical drivers for Hitachi, which can be compared to its competitors. Please check out Hitachi maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Hitachi is priced fairly, providing market reflects its last-minute price of 82.88 per share.

Hitachi Momentum Analysis

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

Hitachi 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 Hitachi volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hitachi Trend Analysis

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

Hitachi Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hitachi applied against its price change over selected period. The best fit line has a slop of   0.25  , which means Hitachi will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2434.33, which is the sum of squared deviations for the predicted Hitachi price change compared to its average price change.

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

Hitachi April 19, 2024 Technical Indicators

Most technical analysis of Hitachi 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 Hitachi from various momentum indicators to cycle indicators. When you analyze Hitachi 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 Hitachi. 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.
Note that the Hitachi information on this page should be used as a complementary analysis to other Hitachi's 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Hitachi Stock analysis

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