Epiroc Ab Stock Technical Analysis

EPOKY Stock  USD 19.38  0.03  0.15%   
As of the 19th of April, Epiroc AB shows the Coefficient Of Variation of 1314.38, mean deviation of 1.2, and Downside Deviation of 1.41. Epiroc AB technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 collect data for nineteen technical drivers for Epiroc AB, which can be compared to its peers. Please confirm Epiroc AB semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Epiroc AB is priced favorably, providing market reflects its regular price of 19.38 per share. Given that Epiroc AB has jensen alpha of 0.0522, we urge you to verify Epiroc AB's prevailing market performance to make sure the company can sustain itself at a future point.

Epiroc AB Momentum Analysis

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

Epiroc AB 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 Epiroc AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Epiroc AB Trend Analysis

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

Epiroc AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Epiroc AB applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Epiroc AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 67.95, which is the sum of squared deviations for the predicted Epiroc AB price change compared to its average price change.

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

Epiroc AB April 19, 2024 Technical Indicators

Most technical analysis of Epiroc 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 Epiroc from various momentum indicators to cycle indicators. When you analyze Epiroc 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 Epiroc AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Epiroc Pink Sheet analysis

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