Kesko Oyj (Finland) Technical Analysis

KESKOA Stock  EUR 17.06  0.14  0.81%   
As of the 25th of April, Kesko Oyj secures the Mean Deviation of 0.8787, risk adjusted performance of 0.0189, and Downside Deviation of 1.28. Kesko Oyj technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Kesko Oyj, which can be compared to its peers in the industry. Please verify Kesko Oyj information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Kesko Oyj is priced some-what accurately, providing market reflects its recent price of 17.06 per share.

Kesko Oyj Momentum Analysis

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

Kesko Oyj 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 Kesko Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kesko Oyj Trend Analysis

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

Kesko Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kesko Oyj applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Kesko Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.88, which is the sum of squared deviations for the predicted Kesko Oyj price change compared to its average price change.

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

Kesko Oyj April 25, 2024 Technical Indicators

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

Kesko Oyj 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 Kesko 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kesko Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Kesko Stock analysis

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