Orsted AS (Denmark) Technical Analysis

ORSTED Stock  DKK 398.80  16.20  3.90%   
As of the 7th of June, Orsted AS holds the Risk Adjusted Performance of 0.0347, coefficient of variation of 2297.87, and Semi Deviation of 2.1. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orsted AS, as well as the relationship between them.

Orsted AS Momentum Analysis

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

Orsted AS Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Orsted AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Orsted AS Trend Analysis

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

Orsted AS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Orsted AS applied against its price change over selected period. The best fit line has a slop of   1.04  , which means Orsted AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 41048.51, which is the sum of squared deviations for the predicted Orsted AS price change compared to its average price change.

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

Orsted AS June 7, 2024 Technical Indicators

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

Orsted AS June 7, 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 Orsted 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.

Complementary Tools for Orsted Stock analysis

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