Svenska Handelsbanken (Sweden) Technical Analysis

SHB-B Stock  SEK 132.20  1.10  0.84%   
As of the 19th of April, Svenska Handelsbanken has the Semi Deviation of 1.48, risk adjusted performance of 0.0365, and Coefficient Of Variation of 2021.78. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Svenska Handelsbanken, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed nineteen technical drivers for Svenska Handelsbanken AB, which can be compared to its competition. Please validate Svenska Handelsbanken downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Svenska Handelsbanken is priced more or less accurately, providing market reflects its prevalent price of 132.2 per share.

Svenska Handelsbanken Momentum Analysis

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

Svenska Handelsbanken 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 Svenska Handelsbanken volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Svenska Handelsbanken Trend Analysis

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

Svenska Handelsbanken Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Svenska Handelsbanken AB applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Svenska Handelsbanken AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 138.44, which is the sum of squared deviations for the predicted Svenska Handelsbanken price change compared to its average price change.

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

Svenska Handelsbanken April 19, 2024 Technical Indicators

Most technical analysis of Svenska 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 Svenska from various momentum indicators to cycle indicators. When you analyze Svenska 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 Svenska Handelsbanken AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Svenska Handelsbanken information on this page should be used as a complementary analysis to other Svenska Handelsbanken'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Svenska Stock analysis

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