Smurfit Kappa Group Stock Technical Analysis

SMFKY Stock  USD 45.93  0.14  0.31%   
As of the 28th of March, Smurfit Kappa has the Coefficient Of Variation of 597.29, semi deviation of 1.09, and Risk Adjusted Performance of 0.0996. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smurfit Kappa Group, 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 were able to collect data for nineteen technical drivers for Smurfit Kappa Group, which can be compared to its competition. Please validate Smurfit Kappa Group jensen alpha and semi variance to decide if Smurfit Kappa is priced more or less accurately, providing market reflects its prevalent price of 45.93 per share. Given that Smurfit Kappa Group has jensen alpha of 0.1978, we advise you to double-check Smurfit Kappa Group's current market performance to make sure the company can sustain itself at a future point.

Smurfit Kappa Momentum Analysis

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

Smurfit Kappa Group Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Smurfit Kappa Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Smurfit Kappa Group Trend Analysis

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

Smurfit Kappa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Smurfit Kappa Group applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Smurfit Kappa Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 847.4, which is the sum of squared deviations for the predicted Smurfit Kappa price change compared to its average price change.

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

Smurfit Kappa March 28, 2024 Technical Indicators

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

Smurfit Kappa March 28, 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 Smurfit 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Smurfit Kappa Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Smurfit Pink Sheet analysis

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