Medacta Group (Switzerland) Technical Analysis

MOVE Stock   110.40  2.60  2.30%   
As of the 18th of April 2024, Medacta Group secures the Risk Adjusted Performance of (0.04), mean deviation of 1.01, and Standard Deviation of 1.37. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medacta Group SA, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Medacta Group, which can be compared to its peers in the industry. Please verify Medacta Group SA variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Medacta Group SA is priced some-what accurately, providing market reflects its recent price of 110.4 per share.

Medacta Group Momentum Analysis

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

Medacta Group SA Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Medacta Group SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Medacta Group SA Trend Analysis

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

Medacta Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Medacta Group SA applied against its price change over selected period. The best fit line has a slop of   0.28  , which may suggest that Medacta Group SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2886.1, which is the sum of squared deviations for the predicted Medacta Group price change compared to its average price change.

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

Medacta Group April 18, 2024 Technical Indicators

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

Medacta Group April 18, 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 Medacta 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medacta Group 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.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Medacta Stock analysis

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