UCB SA (Belgium) Technical Analysis

UCB Stock  EUR 125.10  4.30  3.56%   
As of the 26th of April, UCB SA owns the Market Risk Adjusted Performance of (1.97), mean deviation of 1.17, and Standard Deviation of 1.66. Compared to fundamental indicators, the technical analysis model makes it possible for you to check helpful technical drivers of UCB SA, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for UCB SA, which can be compared to its peers in the sector. Please validate UCB SA coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if UCB SA is priced fairly, providing market reflects its prevailing price of 125.1 per share.

UCB 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 UCB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UCB
  
UCB 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.
UCB 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 UCB SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of UCB 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...

UCB SA Technical Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-six. 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 UCB SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

UCB SA Trend Analysis

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

UCB SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for UCB SA applied against its price change over selected period. The best fit line has a slop of   0.62  , which means UCB SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14663.37, which is the sum of squared deviations for the predicted UCB SA price change compared to its average price change.

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

UCB SA April 26, 2024 Technical Indicators

Most technical analysis of UCB 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 UCB from various momentum indicators to cycle indicators. When you analyze UCB 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 UCB 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 UCB SA information on this page should be used as a complementary analysis to other UCB SA'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for UCB Stock analysis

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