XSpray Pharma (Sweden) Technical Analysis

XSPRAY Stock  SEK 42.10  0.10  0.24%   
As of the 29th of March, XSpray Pharma maintains the Mean Deviation of 2.34, downside deviation of 2.67, and Market Risk Adjusted Performance of 2.39. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of XSpray Pharma 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 analyze nineteen technical drivers for XSpray Pharma AB, which can be compared to its rivals. Please check out XSpray Pharma AB information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if XSpray Pharma AB is priced fairly, providing market reflects its latest price of 42.1 per share.

XSpray Pharma Momentum Analysis

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

XSpray Pharma AB 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 XSpray Pharma AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

XSpray Pharma AB Trend Analysis

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

XSpray Pharma Best Fit Change Line

The following chart estimates an ordinary least squares regression model for XSpray Pharma AB applied against its price change over selected period. The best fit line has a slop of   0.15  , which means XSpray Pharma AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 860.15, which is the sum of squared deviations for the predicted XSpray Pharma price change compared to its average price change.

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

XSpray Pharma March 29, 2024 Technical Indicators

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

XSpray Pharma March 29, 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 XSpray 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 XSpray Pharma 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 nation.
Note that the XSpray Pharma AB information on this page should be used as a complementary analysis to other XSpray Pharma'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for XSpray Stock analysis

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