Eagon Holdings (Korea) Technical Analysis

039020 Stock  KRW 2,230  20.00  0.90%   
As of the 18th of April 2024, Eagon Holdings shows the Standard Deviation of 1.37, mean deviation of 1.02, and Variance of 1.88. Eagon Holdings CoLtd 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 thirteen technical drivers for Eagon Holdings CoLtd, which can be compared to its peers. Please confirm Eagon Holdings CoLtd coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Eagon Holdings CoLtd is priced favorably, providing market reflects its regular price of 2230.0 per share.

Eagon Holdings Momentum Analysis

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

Eagon Holdings CoLtd Technical Analysis

Indicator
Time Period
Execute Indicator
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 Eagon Holdings CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eagon Holdings CoLtd Trend Analysis

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

Eagon Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eagon Holdings CoLtd applied against its price change over selected period. The best fit line has a slop of   11.16  , which may suggest that Eagon Holdings CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4712743.32, which is the sum of squared deviations for the predicted Eagon Holdings price change compared to its average price change.

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

Eagon Holdings April 18, 2024 Technical Indicators

Most technical analysis of Eagon 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 Eagon from various momentum indicators to cycle indicators. When you analyze Eagon 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, which includes a position in Eagon Holdings CoLtd. 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 Eagon Holdings CoLtd information on this page should be used as a complementary analysis to other Eagon Holdings' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Eagon Stock analysis

When running Eagon Holdings' price analysis, check to measure Eagon Holdings' 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 Eagon Holdings is operating at the current time. Most of Eagon Holdings' value examination focuses on studying past and present price action to predict the probability of Eagon Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagon Holdings' price. Additionally, you may evaluate how the addition of Eagon Holdings to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Equity Valuation
Check real value of public entities based on technical and fundamental data
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
CEOs Directory
Screen CEOs from public companies around the world
Please note, there is a significant difference between Eagon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagon Holdings' 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.