Spirent Communications (UK) Technical Analysis

SPT Stock   172.90  1.10  0.63%   
As of the 16th of September 2024, Spirent Communications has the Coefficient Of Variation of (941.51), risk adjusted performance of (0.08), and Variance of 0.6485. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spirent Communications, as well as the relationship between them. Please validate Spirent Communications variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Spirent Communications is priced more or less accurately, providing market reflects its prevalent price of 172.9 per share.

Spirent Communications Momentum Analysis

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

Spirent Communications 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 Spirent Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spirent Communications Trend Analysis

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

Spirent Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spirent Communications plc applied against its price change over selected period. The best fit line has a slop of   0.15  , which may suggest that Spirent Communications plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 856.84, which is the sum of squared deviations for the predicted Spirent Communications price change compared to its average price change.

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

Spirent Communications September 16, 2024 Technical Indicators

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

Spirent Communications September 16, 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 Spirent 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.

Complementary Tools for Spirent Stock analysis

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