Bonesupport Holding (Sweden) Technical Analysis

BONEX Stock  SEK 228.80  0.40  0.17%   
As of the 6th of May, Bonesupport Holding shows the Mean Deviation of 2.05, downside deviation of 2.73, and Risk Adjusted Performance of 0.0507. Bonesupport Holding 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. 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 have analyzed and interpolated nineteen technical drivers for Bonesupport Holding AB, which can be compared to its peers. Please confirm Bonesupport Holding coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Bonesupport Holding is priced correctly, providing market reflects its regular price of 228.8 per share.

Bonesupport Holding Momentum Analysis

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

Bonesupport Holding Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Bonesupport Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bonesupport Holding Trend Analysis

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

Bonesupport Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bonesupport Holding AB applied against its price change over selected period. The best fit line has a slop of   0.84  , which means Bonesupport Holding AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 26724.78, which is the sum of squared deviations for the predicted Bonesupport Holding price change compared to its average price change.

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

Bonesupport Holding May 6, 2024 Technical Indicators

Most technical analysis of Bonesupport 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 Bonesupport from various momentum indicators to cycle indicators. When you analyze Bonesupport 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bonesupport Holding AB. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Bonesupport Stock analysis

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