Cortus Energy (Sweden) Technical Analysis

CE Stock  SEK 2.14  0.40  15.75%   
As of the 28th of March, Cortus Energy shows the Standard Deviation of 10.44, risk adjusted performance of (0.03), and Mean Deviation of 6.35. Cortus Energy AB 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 are able to interpolate and collect thirteen technical drivers for Cortus Energy AB, which can be compared to its rivals. Please confirm Cortus Energy AB information ratio and skewness to decide if Cortus Energy AB is priced correctly, providing market reflects its regular price of 2.14 per share.

Cortus Energy Momentum Analysis

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

Cortus Energy AB 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 Cortus Energy AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cortus Energy AB Trend Analysis

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

Cortus Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cortus Energy AB applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Cortus Energy AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 393.2, which is the sum of squared deviations for the predicted Cortus Energy price change compared to its average price change.

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

Cortus Energy March 28, 2024 Technical Indicators

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

Cortus Energy March 28, 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 Cortus 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 Cortus Energy 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 state.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Cortus Stock analysis

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