Tubos Reunidos (Spain) Technical Analysis

TRG Stock  EUR 0.61  0.01  1.61%   
As of the 28th of March, Tubos Reunidos has the Risk Adjusted Performance of 0.002, coefficient of variation of (8,698), and Variance of 12.27. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tubos Reunidos SA, 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 Tubos Reunidos SA, which can be compared to its competition. Please validate Tubos Reunidos SA variance, as well as the relationship between the maximum drawdown and skewness to decide if Tubos Reunidos is priced more or less accurately, providing market reflects its prevalent price of 0.61 per share.

Tubos Reunidos Momentum Analysis

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

Tubos Reunidos SA 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 Tubos Reunidos SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tubos Reunidos SA Trend Analysis

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

Tubos Reunidos Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tubos Reunidos SA applied against its price change over selected period. The best fit line has a slop of   0.0038  , which may suggest that Tubos Reunidos SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.56, which is the sum of squared deviations for the predicted Tubos Reunidos price change compared to its average price change.

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

Tubos Reunidos March 28, 2024 Technical Indicators

Most technical analysis of Tubos 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 Tubos from various momentum indicators to cycle indicators. When you analyze Tubos 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 Tubos Reunidos 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.
Note that the Tubos Reunidos SA information on this page should be used as a complementary analysis to other Tubos Reunidos' 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Tubos Stock analysis

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