Miko NV (Belgium) Technical Analysis

MIKO Stock  EUR 48.20  0.80  1.63%   
As of the 28th of March, Miko NV secures the Standard Deviation of 1.95, risk adjusted performance of (0.05), and Mean Deviation of 1.38. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Miko NV, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Miko NV, which can be compared to its peers in the industry. Please verify Miko NV information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Miko NV is priced some-what accurately, providing market reflects its recent price of 48.2 per share.

Miko NV Momentum Analysis

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

Miko NV Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Miko NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Miko NV Trend Analysis

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

Miko NV Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Miko NV applied against its price change over selected period. The best fit line has a slop of   0.14  , which may suggest that Miko NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 706.47, which is the sum of squared deviations for the predicted Miko NV price change compared to its average price change.

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

Miko NV March 28, 2024 Technical Indicators

Most technical analysis of Miko 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 Miko from various momentum indicators to cycle indicators. When you analyze Miko 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miko 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 Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Miko Stock analysis

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