AGFA Gevaert (Belgium) Technical Analysis

AGFB Stock  EUR 1.31  0.02  1.55%   
As of the 28th of March, AGFA Gevaert shows the Mean Deviation of 2.52, risk adjusted performance of 0.0066, and Standard Deviation of 3.7. AGFA Gevaert NV 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 interpolate thirteen technical drivers for AGFA Gevaert NV, which can be compared to its rivals. Please confirm AGFA Gevaert NV mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if AGFA Gevaert NV is priced fairly, providing market reflects its regular price of 1.31 per share.

AGFA Gevaert Momentum Analysis

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

AGFA Gevaert NV 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 AGFA Gevaert NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AGFA Gevaert NV Trend Analysis

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

AGFA Gevaert Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AGFA Gevaert NV applied against its price change over selected period. The best fit line has a slop of   0.0024  , which may suggest that AGFA Gevaert NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted AGFA Gevaert price change compared to its average price change.

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

AGFA Gevaert March 28, 2024 Technical Indicators

Most technical analysis of AGFA 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 AGFA from various momentum indicators to cycle indicators. When you analyze AGFA 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 AGFA Gevaert NV. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for AGFA Stock analysis

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