FREYR Stock Technical Analysis


USD 13.14  1.13  9.41%   

As of the 2nd of December, FREYR Battery shows the mean deviation of 4.01. FREYR Battery SA 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 analyze and collect data for nineteen technical drivers for FREYR Battery SA, which can be compared to its rivals. Please confirm FREYR Battery SA mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if FREYR Battery SA is priced adequately, providing market reflects its regular price of 13.14 per share. Given that FREYR Battery has jensen alpha of (0.22), we urge you to verify FREYR Battery SA's prevailing market performance to make sure the company can sustain itself in the future.

FREYR Battery Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FREYR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FREYR
FREYR Battery'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.

FREYR Battery Analyst Consensus

Target PriceAdvice# of Analysts
FREYR Battery SA current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most FREYR analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand FREYR stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of FREYR Battery SA, talking to its executives and customers, or listening to FREYR conference calls.
FREYR Analyst Advice Details
FREYR Battery 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 FREYR Battery technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of FREYR Battery 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...

FREYR Battery SA Technical Analysis

Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 FREYR Battery SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

FREYR Battery SA Trend Analysis

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

FREYR Battery Best Fit Change Line

The following chart estimates an ordinary least squares regression model for FREYR Battery SA applied against its price change over selected period. The best fit line has a slop of   -0.0069  , which may suggest that FREYR Battery SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.79, which is the sum of squared deviations for the predicted FREYR Battery price change compared to its average price change.

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

FREYR Battery December 2, 2022 Technical Indicators

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

FREYR Battery December 2, 2022 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 FREYR 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.
Please check Investing Opportunities. Note that the FREYR Battery SA information on this page should be used as a complementary analysis to other FREYR Battery's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for FREYR Stock analysis

When running FREYR Battery SA price analysis, check to measure FREYR Battery'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 FREYR Battery is operating at the current time. Most of FREYR Battery's value examination focuses on studying past and present price action to predict the probability of FREYR Battery's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move FREYR Battery's price. Additionally, you may evaluate how the addition of FREYR Battery to your portfolios can decrease your overall portfolio volatility.
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Is FREYR Battery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FREYR Battery. If investors know FREYR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FREYR Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.4 B
Return On Assets
Return On Equity
The market value of FREYR Battery SA is measured differently than its book value, which is the value of FREYR that is recorded on the company's balance sheet. Investors also form their own opinion of FREYR Battery's value that differs from its market value or its book value, called intrinsic value, which is FREYR Battery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FREYR Battery's market value can be influenced by many factors that don't directly affect FREYR Battery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FREYR Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine FREYR Battery value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FREYR Battery'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.