Concord New (Germany) Technical Analysis

HK51 Stock  EUR 0.07  0.0005  0.72%   
As of the 18th of June 2024, Concord New shows the Downside Deviation of 4.58, mean deviation of 4.29, and Risk Adjusted Performance of 0.1004. Concord New Energy 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. Please confirm Concord New Energy standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Concord New Energy is priced correctly, providing market reflects its regular price of 0.07 per share.

Concord New Momentum Analysis

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

Concord New Energy Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Concord New Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Concord New Energy Trend Analysis

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

Concord New Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Concord New Energy applied against its price change over selected period. The best fit line has a slop of   0.0002  , which means Concord New Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Concord New price change compared to its average price change.

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

Concord New June 18, 2024 Technical Indicators

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

Complementary Tools for Concord Stock analysis

When running Concord New's price analysis, check to measure Concord New'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 Concord New is operating at the current time. Most of Concord New's value examination focuses on studying past and present price action to predict the probability of Concord New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concord New's price. Additionally, you may evaluate how the addition of Concord New to your portfolios can decrease your overall portfolio volatility.
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