Wallix Group (France) Technical Analysis

ALLIX Stock  EUR 8.94  0.14  1.59%   
As of the 25th of April, Wallix Group maintains the Mean Deviation of 2.57, downside deviation of 3.89, and Market Risk Adjusted Performance of 1.31. Wallix Group SA technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Wallix Group SA, which can be compared to its peers. Please check out Wallix Group SA downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Wallix Group SA is priced fairly, providing market reflects its latest price of 8.94 per share.

Wallix Group Momentum Analysis

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

Wallix Group SA Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Wallix Group SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wallix Group SA Trend Analysis

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

Wallix Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wallix Group SA applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Wallix Group SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.13, which is the sum of squared deviations for the predicted Wallix Group price change compared to its average price change.

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

Wallix Group April 25, 2024 Technical Indicators

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

Wallix Group April 25, 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 Wallix 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wallix Group SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Wallix Stock analysis

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