Bnp Paribas Sa Stock Technical Analysis

BNPQF Stock  USD 67.96  2.09  2.98%   
As of the 17th of April 2024, BNP Paribas shows the risk adjusted performance of 0.0095, and Mean Deviation of 1.18. BNP Paribas SA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and collect data for nineteen technical drivers for BNP Paribas SA, which can be compared to its peers. Please confirm BNP Paribas SA jensen alpha, as well as the relationship between the potential upside and skewness to decide if BNP Paribas SA is priced favorably, providing market reflects its regular price of 67.96 per share. Given that BNP Paribas has jensen alpha of (0.04), we suggest you to validate BNP Paribas SA's prevailing market performance to make sure the company can sustain itself in the future.

BNP Paribas Momentum Analysis

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

BNP Paribas SA Technical Analysis

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The output start index for this execution was thirteen with a total number of output elements of fourty-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 BNP Paribas SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BNP Paribas SA Trend Analysis

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

BNP Paribas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BNP Paribas SA applied against its price change over selected period. The best fit line has a slop of   0.17  , which means BNP Paribas SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1032.85, which is the sum of squared deviations for the predicted BNP Paribas price change compared to its average price change.

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

BNP Paribas April 17, 2024 Technical Indicators

Most technical analysis of BNP 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 BNP from various momentum indicators to cycle indicators. When you analyze BNP 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BNP Paribas SA. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for BNP OTC Stock analysis

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