ExpreS2ion Biotech (Sweden) Technical Analysis

EXPRS2 Stock  SEK 2.46  0.02  0.82%   
As of the 29th of March, ExpreS2ion Biotech shows the Mean Deviation of 3.71, coefficient of variation of 984.8, and Downside Deviation of 4.26. ExpreS2ion Biotech 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 are able to interpolate and collect nineteen technical drivers for ExpreS2ion Biotech Holding, which can be compared to its rivals. Please confirm ExpreS2ion Biotech standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if ExpreS2ion Biotech is priced favorably, providing market reflects its regular price of 2.46 per share.

ExpreS2ion Biotech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ExpreS2ion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ExpreS2ion
  
ExpreS2ion Biotech'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.
ExpreS2ion Biotech 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 ExpreS2ion Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ExpreS2ion Biotech 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...

ExpreS2ion Biotech 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 ExpreS2ion Biotech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ExpreS2ion Biotech Trend Analysis

Use this graph to draw trend lines for ExpreS2ion Biotech Holding. You can use it to identify possible trend reversals for ExpreS2ion Biotech 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 ExpreS2ion Biotech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ExpreS2ion Biotech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ExpreS2ion Biotech Holding applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that ExpreS2ion Biotech Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14.27, which is the sum of squared deviations for the predicted ExpreS2ion Biotech price change compared to its average price change.

About ExpreS2ion Biotech 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 ExpreS2ion Biotech Holding 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 ExpreS2ion Biotech Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ExpreS2ion Biotech price pattern first instead of the macroeconomic environment surrounding ExpreS2ion Biotech. By analyzing ExpreS2ion Biotech'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 ExpreS2ion Biotech'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 ExpreS2ion Biotech specific price patterns or momentum indicators. Please read more on our technical analysis page.

ExpreS2ion Biotech March 29, 2024 Technical Indicators

Most technical analysis of ExpreS2ion 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 ExpreS2ion from various momentum indicators to cycle indicators. When you analyze ExpreS2ion 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.

ExpreS2ion Biotech March 29, 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 ExpreS2ion 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ExpreS2ion Biotech Holding. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for ExpreS2ion Stock analysis

When running ExpreS2ion Biotech's price analysis, check to measure ExpreS2ion Biotech'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 ExpreS2ion Biotech is operating at the current time. Most of ExpreS2ion Biotech's value examination focuses on studying past and present price action to predict the probability of ExpreS2ion Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ExpreS2ion Biotech's price. Additionally, you may evaluate how the addition of ExpreS2ion Biotech to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ExpreS2ion Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ExpreS2ion Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ExpreS2ion Biotech'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.