Oeneo SA (France) Technical Analysis

SBT Stock  EUR 10.30  0.84  8.88%   
As of the 29th of March, Oeneo SA holds the Variance of 3.48, risk adjusted performance of (0.08), and Coefficient Of Variation of (610.14). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oeneo SA, 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 Oeneo SA, which can be compared to its competitors. Please check Oeneo SA standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Oeneo SA is priced some-what accurately, providing market reflects its current price of 10.3 per share.

Oeneo SA Momentum Analysis

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

Oeneo 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 Oeneo SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oeneo SA Trend Analysis

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

Oeneo SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oeneo SA applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Oeneo SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 71.84, which is the sum of squared deviations for the predicted Oeneo SA price change compared to its average price change.

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

Oeneo SA March 29, 2024 Technical Indicators

Most technical analysis of Oeneo 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 Oeneo from various momentum indicators to cycle indicators. When you analyze Oeneo 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Oeneo 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 board of governors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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