Daesung Eltec (Korea) Technical Analysis

025440 Stock  KRW 2,480  145.00  6.21%   
As of the 26th of April, Daesung Eltec shows the Mean Deviation of 1.27, semi deviation of 1.35, and Downside Deviation of 1.6. Daesung Eltec 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 analyze nineteen technical drivers for Daesung Eltec Co, which can be compared to its peers. Please confirm Daesung Eltec mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Daesung Eltec is priced favorably, providing market reflects its regular price of 2480.0 per share.

Daesung Eltec Momentum Analysis

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

Daesung Eltec Technical Analysis

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Daesung Eltec Trend Analysis

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

Daesung Eltec Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Daesung Eltec Co applied against its price change over selected period. The best fit line has a slop of   1.73  , which means Daesung Eltec Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 112567.46, which is the sum of squared deviations for the predicted Daesung Eltec price change compared to its average price change.

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

Daesung Eltec April 26, 2024 Technical Indicators

Most technical analysis of Daesung 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 Daesung from various momentum indicators to cycle indicators. When you analyze Daesung 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Daesung Eltec information on this page should be used as a complementary analysis to other Daesung Eltec's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Daesung Stock analysis

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