Continental Aktiengesellschaft Stock Technical Analysis

CTTAF Stock  USD 66.80  0.45  0.67%   
As of the 19th of April, Continental Aktiengesellscha shows the Standard Deviation of 2.28, risk adjusted performance of (0.05), and Mean Deviation of 1.73. Continental Aktiengesellscha technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Continental Aktiengesellschaft, which can be compared to its peers. Please confirm Continental Aktiengesellscha variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Continental Aktiengesellscha is priced correctly, providing market reflects its regular price of 66.8 per share. Given that Continental Aktiengesellscha has information ratio of (0.13), we suggest you to validate Continental Aktiengesellschaft's prevailing market performance to make sure the company can sustain itself at a future point.

Continental Aktiengesellscha Momentum Analysis

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

Continental Aktiengesellscha Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Continental Aktiengesellscha volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Continental Aktiengesellscha Trend Analysis

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

Continental Aktiengesellscha Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Continental Aktiengesellschaft applied against its price change over selected period. The best fit line has a slop of   0.26  , which may suggest that Continental Aktiengesellschaft market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2556.23, which is the sum of squared deviations for the predicted Continental Aktiengesellscha price change compared to its average price change.

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

Continental Aktiengesellscha April 19, 2024 Technical Indicators

Most technical analysis of Continental 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 Continental from various momentum indicators to cycle indicators. When you analyze Continental 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Continental Aktiengesellschaft. 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 Continental Aktiengesellscha information on this page should be used as a complementary analysis to other Continental Aktiengesellscha'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Continental Pink Sheet analysis

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