Lectricite (France) Technical Analysis

ELEC Stock  EUR 115.00  1.00  0.88%   
As of the 28th of March, Lectricite secures the Downside Deviation of 1.17, mean deviation of 0.9707, and Risk Adjusted Performance of 0.0963. Lectricite De Strasbourg 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 interpolate nineteen technical drivers for Lectricite, which can be compared to its peers in the industry. Please verify Lectricite De Strasbourg mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Lectricite De Strasbourg is priced some-what accurately, providing market reflects its recent price of 115.0 per share.

Lectricite Momentum Analysis

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

Lectricite De Strasbourg Technical Analysis

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

Lectricite De Strasbourg Trend Analysis

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

Lectricite Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lectricite De Strasbourg applied against its price change over selected period. The best fit line has a slop of   0.35  , which means Lectricite De Strasbourg will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4527.99, which is the sum of squared deviations for the predicted Lectricite price change compared to its average price change.

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

Lectricite March 28, 2024 Technical Indicators

Most technical analysis of Lectricite 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 Lectricite from various momentum indicators to cycle indicators. When you analyze Lectricite 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Lectricite De Strasbourg. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Complementary Tools for Lectricite Stock analysis

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