Stmicroelectronics Nv Stock Technical Analysis

STMEF Stock  USD 39.33  0.27  0.68%   
As of the 24th of April, STMicroelectronics has the risk adjusted performance of (0.03), and Variance of 4.78. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of STMicroelectronics, 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 analyze and collect data for thirteen technical drivers for STMicroelectronics NV, which can be compared to its competition. Please validate STMicroelectronics information ratio and potential upside to decide if STMicroelectronics is priced fairly, providing market reflects its prevalent price of 39.33 per share. Given that STMicroelectronics has information ratio of (0.11), we advise you to double-check STMicroelectronics NV's current market performance to make sure the company can sustain itself next year.

STMicroelectronics Momentum Analysis

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

STMicroelectronics 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 STMicroelectronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

STMicroelectronics Trend Analysis

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

STMicroelectronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for STMicroelectronics NV applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that STMicroelectronics NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 238.28, which is the sum of squared deviations for the predicted STMicroelectronics price change compared to its average price change.

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

STMicroelectronics April 24, 2024 Technical Indicators

Most technical analysis of STMicroelectronics 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 STMicroelectronics from various momentum indicators to cycle indicators. When you analyze STMicroelectronics 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 STMicroelectronics NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the STMicroelectronics information on this page should be used as a complementary analysis to other STMicroelectronics' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for STMicroelectronics Pink Sheet analysis

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