Andritz Ag Stock Technical Analysis

ADRZF Stock  USD 60.20  1.85  2.98%   
As of the 20th of April, Andritz AG shows the mean deviation of 0.4029, and Risk Adjusted Performance of 0.0459. Andritz AG 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 eleven technical drivers for Andritz AG, which can be compared to its peers. Please confirm Andritz AG market risk adjusted performance and total risk alpha to decide if Andritz AG is priced correctly, providing market reflects its regular price of 60.2 per share. Given that Andritz AG has variance of 1.88, we suggest you to validate Andritz AG's prevailing market performance to make sure the company can sustain itself at a future point.

Andritz AG Momentum Analysis

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

Andritz AG Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Andritz AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Andritz AG Trend Analysis

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

Andritz AG Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Andritz AG applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Andritz AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 267.74, which is the sum of squared deviations for the predicted Andritz AG price change compared to its average price change.

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

Andritz AG April 20, 2024 Technical Indicators

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

Andritz AG April 20, 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 Andritz 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Andritz AG. 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 Andritz AG information on this page should be used as a complementary analysis to other Andritz AG'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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Andritz Pink Sheet analysis

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