Dovre Group (Finland) Technical Analysis

DOV1V Stock  EUR 0.35  0.01  2.94%   
As of the 3rd of May, Dovre Group shows the Standard Deviation of 3.36, mean deviation of 2.08, and Variance of 11.28. Dovre Group Plc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 and analyze data for thirteen technical drivers for Dovre Group Plc, which can be compared to its peers. Please confirm Dovre Group Plc risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Dovre Group Plc is priced favorably, providing market reflects its regular price of 0.35 per share.

Dovre Group Momentum Analysis

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

Dovre Group Plc Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Dovre Group Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dovre Group Plc Trend Analysis

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

Dovre Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dovre Group Plc applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Dovre Group Plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Dovre Group price change compared to its average price change.

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

Dovre Group May 3, 2024 Technical Indicators

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

Dovre Group May 3, 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 Dovre 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dovre Group Plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Dovre Stock analysis

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