Kalray SA (France) Technical Analysis

ALKAL Stock  EUR 17.02  0.02  0.12%   
As of the 24th of April, Kalray SA secures the Standard Deviation of 3.95, risk adjusted performance of (0.01), and Mean Deviation of 2.57. Kalray SA technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Kalray SA, which can be compared to its peers in the industry. Please verify Kalray SA standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Kalray SA is priced some-what accurately, providing market reflects its recent price of 17.02 per share.

Kalray SA Momentum Analysis

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

Kalray SA Technical Analysis

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

Kalray SA Trend Analysis

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

Kalray SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kalray SA applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that Kalray SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 188.38, which is the sum of squared deviations for the predicted Kalray SA price change compared to its average price change.

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

Kalray SA April 24, 2024 Technical Indicators

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

Kalray SA April 24, 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 Kalray 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Kalray SA. 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 economic analysis.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Kalray Stock analysis

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