SSAB AB (Finland) Technical Analysis

SSABBH Stock  EUR 5.40  0.14  2.66%   
As of the 30th of April, SSAB AB owns the downside deviation of 15.82, and Risk Adjusted Performance of 0.0768. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SSAB AB ser, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for SSAB AB, which can be compared to its peers in the sector. Please validate SSAB AB ser information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if SSAB AB ser is priced more or less accurately, providing market reflects its prevailing price of 5.4 per share.

SSAB AB Momentum Analysis

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

SSAB AB ser Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-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 SSAB AB ser volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SSAB AB ser Trend Analysis

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

SSAB AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SSAB AB ser applied against its price change over selected period. The best fit line has a slop of   0.05  , which may suggest that SSAB AB ser market price will keep on failing further. It has 122 observation points and a regression sum of squares at 104.8, which is the sum of squared deviations for the predicted SSAB AB price change compared to its average price change.

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

SSAB AB April 30, 2024 Technical Indicators

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

SSAB AB April 30, 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 SSAB 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SSAB AB ser. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the SSAB AB ser information on this page should be used as a complementary analysis to other SSAB AB'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for SSAB Stock analysis

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