Sparebank (Norway) Technical Analysis

NONG Stock  NOK 98.41  0.80  0.82%   
As of the 24th of April, Sparebank has the Risk Adjusted Performance of 0.0206, coefficient of variation of 4344.3, and Semi Deviation of 1.6. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparebank 1 Nord, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Sparebank 1 Nord Norge, which can be compared to its competition. Please validate Sparebank 1 Nord mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sparebank is priced more or less accurately, providing market reflects its prevalent price of 98.41 per share.

Sparebank Momentum Analysis

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

Sparebank 1 Nord Technical Analysis

Indicator
Time Period
Execute Indicator
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 Sparebank 1 Nord volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sparebank 1 Nord Trend Analysis

Use this graph to draw trend lines for Sparebank 1 Nord Norge. You can use it to identify possible trend reversals for Sparebank 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 Sparebank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Sparebank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparebank 1 Nord Norge applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Sparebank 1 Nord Norge will continue generating value for investors. It has 122 observation points and a regression sum of squares at 31.82, which is the sum of squared deviations for the predicted Sparebank price change compared to its average price change.

About Sparebank 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 Sparebank 1 Nord Norge 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 Sparebank 1 Nord Norge based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sparebank 1 Nord price pattern first instead of the macroeconomic environment surrounding Sparebank 1 Nord. By analyzing Sparebank'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 Sparebank'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 Sparebank specific price patterns or momentum indicators. Please read more on our technical analysis page.

Sparebank April 24, 2024 Technical Indicators

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

Sparebank April 24, 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 Sparebank 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 Sparebank 1 Nord Norge. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Sparebank Stock analysis

When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Fundamental Analysis
View fundamental data based on most recent published financial statements
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Transaction History
View history of all your transactions and understand their impact on performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Stocks Directory
Find actively traded stocks across global markets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Please note, there is a significant difference between Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebank'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.