Waystream Holding (Sweden) Technical Analysis

WAYS Stock  SEK 23.65  0.15  0.63%   
As of the 16th of April 2024, Waystream Holding maintains the Standard Deviation of 4.83, market risk adjusted performance of 0.5262, and Mean Deviation of 2.86. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waystream Holding AB, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Waystream Holding, which can be compared to its peers. Please check out Waystream Holding mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Waystream Holding is priced fairly, providing market reflects its latest price of 23.65 per share.

Waystream Holding Momentum Analysis

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

Waystream Holding 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 Waystream Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Waystream Holding Trend Analysis

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

Waystream Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Waystream Holding AB applied against its price change over selected period. The best fit line has a slop of   0.07  , which may suggest that Waystream Holding AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 187.61, which is the sum of squared deviations for the predicted Waystream Holding price change compared to its average price change.

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

Waystream Holding April 16, 2024 Technical Indicators

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

Waystream Holding April 16, 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 Waystream 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waystream Holding 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 board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Waystream Stock analysis

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