Tenaris SA (Germany) Technical Analysis

TW1 Stock  EUR 35.20  0.20  0.56%   
As of the 21st of December, Tenaris SA has the Risk Adjusted Performance of 0.2154, semi deviation of 0.9307, and Coefficient Of Variation of 377.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tenaris SA, as well as the relationship between them. Please validate Tenaris SA information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Tenaris SA is priced more or less accurately, providing market reflects its prevalent price of 35.2 per share.

Tenaris SA Momentum Analysis

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

Tenaris SA Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Tenaris SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tenaris SA Trend Analysis

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

Tenaris SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tenaris SA applied against its price change over selected period. The best fit line has a slop of   0.17  , which means Tenaris SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1142.93, which is the sum of squared deviations for the predicted Tenaris SA price change compared to its average price change.

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

Tenaris SA December 21, 2024 Technical Indicators

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

Complementary Tools for Tenaris Stock analysis

When running Tenaris SA's price analysis, check to measure Tenaris SA'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 Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.
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