SalMar ASA (Germany) Technical Analysis

JEP Stock  EUR 56.35  0.45  0.81%   
As of the 25th of April, SalMar ASA has the Semi Deviation of 1.25, coefficient of variation of 2104.13, and Risk Adjusted Performance of 0.036. SalMar ASA technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. 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 were able to interpolate nineteen technical drivers for SalMar ASA, which can be compared to its competition. Please validate SalMar ASA maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if SalMar ASA is priced more or less accurately, providing market reflects its prevalent price of 56.35 per share.

SalMar ASA Momentum Analysis

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

SalMar ASA Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 SalMar ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SalMar ASA Trend Analysis

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

SalMar ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SalMar ASA applied against its price change over selected period. The best fit line has a slop of   0.11  , which means SalMar ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 471.91, which is the sum of squared deviations for the predicted SalMar ASA price change compared to its average price change.

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

SalMar ASA April 25, 2024 Technical Indicators

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

SalMar ASA April 25, 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 SalMar 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SalMar ASA. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for SalMar Stock analysis

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