SPAREBANKEN MORE (Norway) Technical Analysis

MORG
 Stock
  

NOK 76.99  1.51  2.00%   

As of the 27th of November, SPAREBANKEN MORE owns the risk adjusted performance of 0.0655, and Downside Deviation of 1.15. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SPAREBANKEN MORE, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for SPAREBANKEN MORE, which can be compared to its peers in the sector. Please validate SPAREBANKEN MORE mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if SPAREBANKEN MORE is priced more or less accurately, providing market reflects its prevailing price of 76.99 per share.
  

SPAREBANKEN MORE Momentum Analysis

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

SPAREBANKEN MORE Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. 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 SPAREBANKEN MORE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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SPAREBANKEN MORE Trend Analysis

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

SPAREBANKEN MORE Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SPAREBANKEN MORE applied against its price change over selected period. The best fit line has a slop of   0.12  , which means SPAREBANKEN MORE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 538.85, which is the sum of squared deviations for the predicted SPAREBANKEN MORE price change compared to its average price change.

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

SPAREBANKEN MORE November 27, 2022 Technical Indicators

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

SPAREBANKEN MORE November 27, 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 SPAREBANKEN 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.
Additionally, see Correlation Analysis. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for analysis

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