Trigano SA (France) Technical Analysis

TRI Stock  EUR 144.90  1.90  1.33%   
As of the 29th of April, Trigano SA has the Coefficient Of Variation of 4866.45, risk adjusted performance of 0.0191, and Semi Deviation of 1.28. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trigano SA, 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 collect and analyze data for nineteen technical drivers for Trigano SA, which can be compared to its competition. Please validate Trigano SA maximum drawdown, and the relationship between the information ratio and downside variance to decide if Trigano SA is priced more or less accurately, providing market reflects its prevalent price of 144.9 per share.

Trigano SA Momentum Analysis

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

Trigano SA Technical Analysis

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The output start index for this execution was fourty with a total number of output elements of twenty-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 Trigano SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Trigano SA Trend Analysis

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

Trigano SA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trigano SA applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Trigano SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 264.06, which is the sum of squared deviations for the predicted Trigano SA price change compared to its average price change.

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

Trigano SA April 29, 2024 Technical Indicators

Most technical analysis of Trigano 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 Trigano from various momentum indicators to cycle indicators. When you analyze Trigano 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Trigano SA. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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