Orion Oyj (Finland) Technical Analysis

ORNAV Stock  EUR 33.75  0.40  1.20%   
As of the 23rd of April, Orion Oyj holds the Coefficient Of Variation of (327.16), variance of 1.44, and Risk Adjusted Performance of (0.18). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Orion Oyj, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Orion Oyj A, which can be compared to its competitors. Please check Orion Oyj A standard deviation and value at risk to decide if Orion Oyj A is priced some-what accurately, providing market reflects its current price of 33.75 per share.

Orion 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 Orion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Orion
  
Orion 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.
Orion 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 Orion Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orion 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...

Orion Oyj A 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 Orion Oyj A volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Orion Oyj A Trend Analysis

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

Orion Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Orion Oyj A applied against its price change over selected period. The best fit line has a slop of   0.16  , which may suggest that Orion Oyj A market price will keep on failing further. It has 122 observation points and a regression sum of squares at 977.93, which is the sum of squared deviations for the predicted Orion Oyj price change compared to its average price change.

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

Orion Oyj April 23, 2024 Technical Indicators

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

Orion Oyj April 23, 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 Orion 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orion Oyj A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Orion Stock analysis

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