Weaccess Group (France) Technical Analysis

MLWEA Stock  EUR 1.54  0.38  32.76%   
As of the 19th of April, Weaccess Group maintains the Standard Deviation of 7.03, market risk adjusted performance of 0.4144, and Mean Deviation of 2.49. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weaccess Group SA, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze twelve technical drivers for Weaccess Group SA, which can be compared to its peers. Please check out Weaccess Group SA standard deviation, as well as the relationship between the treynor ratio and skewness to decide if Weaccess Group SA is priced fairly, providing market reflects its latest price of 1.54 per share.

Weaccess Group Momentum Analysis

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

Weaccess Group SA 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 Weaccess Group SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Weaccess Group SA Trend Analysis

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

Weaccess Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weaccess Group SA applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Weaccess Group SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 30.18, which is the sum of squared deviations for the predicted Weaccess Group price change compared to its average price change.

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

Weaccess Group April 19, 2024 Technical Indicators

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

Weaccess Group April 19, 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 Weaccess 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 Weaccess Group SA. 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 Weaccess Group SA information on this page should be used as a complementary analysis to other Weaccess Group'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Weaccess Stock analysis

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