Entra ASA (Norway) Technical Analysis
ENTRA Stock | NOK 112.20 0.70 0.63% |
As of the 28th of March, Entra ASA shows the Standard Deviation of 1.48, mean deviation of 1.11, and Variance of 2.2. Entra ASA 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 thirteen technical drivers for Entra ASA, which can be compared to its rivals. Please confirm Entra ASA market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Entra ASA is priced favorably, providing market reflects its regular price of 112.2 per share.
Entra ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Entra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EntraEntra |
Entra ASA 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.
Entra ASA Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Entra ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Entra ASA Trend Analysis
Use this graph to draw trend lines for Entra ASA. You can use it to identify possible trend reversals for Entra ASA 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 Entra ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Entra ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Entra ASA applied against its price change over selected period. The best fit line has a slop of 0.13 , which may suggest that Entra ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 614.08, which is the sum of squared deviations for the predicted Entra ASA price change compared to its average price change.About Entra ASA 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 Entra ASA 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 Entra ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Entra ASA price pattern first instead of the macroeconomic environment surrounding Entra ASA. By analyzing Entra ASA'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 Entra ASA'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 Entra ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Entra ASA March 28, 2024 Technical Indicators
Most technical analysis of Entra 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 Entra from various momentum indicators to cycle indicators. When you analyze Entra 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0033 | |||
Market Risk Adjusted Performance | (0.02) | |||
Mean Deviation | 1.11 | |||
Coefficient Of Variation | (18,508) | |||
Standard Deviation | 1.48 | |||
Variance | 2.2 | |||
Information Ratio | (0.1) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.03) | |||
Maximum Drawdown | 6.71 | |||
Value At Risk | (2.52) | |||
Potential Upside | 2.08 | |||
Skewness | (0.42) | |||
Kurtosis | 0.7702 |
Entra ASA 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 Entra 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.
Accumulation Distribution | 403.60 | ||
Daily Balance Of Power | 0.47 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 111.75 | ||
Day Typical Price | 111.90 | ||
Price Action Indicator | 0.80 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entra ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Entra ASA information on this page should be used as a complementary analysis to other Entra ASA'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 the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Entra Stock analysis
When running Entra ASA's price analysis, check to measure Entra ASA'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 Entra ASA is operating at the current time. Most of Entra ASA's value examination focuses on studying past and present price action to predict the probability of Entra ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entra ASA's price. Additionally, you may evaluate how the addition of Entra ASA to your portfolios can decrease your overall portfolio volatility.
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