Rheinmetall Ag Stock Technical Analysis

RNMBF Stock  USD 549.98  19.03  3.58%   
As of the 23rd of April, Rheinmetall holds the Coefficient Of Variation of 419.89, semi deviation of 2.19, and Risk Adjusted Performance of 0.1534. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rheinmetall, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed nineteen technical drivers for Rheinmetall AG, which can be compared to its competitors. Please check Rheinmetall AG standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Rheinmetall AG is priced some-what accurately, providing market reflects its current price of 549.98 per share. Given that Rheinmetall has jensen alpha of 0.6135, we recommend you to check out Rheinmetall AG's recent market performance to make sure the company can sustain itself at a future point.

Rheinmetall Momentum Analysis

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

Rheinmetall AG 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 Rheinmetall AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rheinmetall AG Trend Analysis

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

Rheinmetall Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rheinmetall AG applied against its price change over selected period. The best fit line has a slop of   4.41  , which means Rheinmetall AG will continue producing value for investors. It has 122 observation points and a regression sum of squares at 734514.43, which is the sum of squared deviations for the predicted Rheinmetall price change compared to its average price change.

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

Rheinmetall April 23, 2024 Technical Indicators

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

Rheinmetall 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 Rheinmetall 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rheinmetall AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Rheinmetall AG information on this page should be used as a complementary analysis to other Rheinmetall'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Rheinmetall Pink Sheet analysis

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