Roundtop Machinery (Taiwan) Technical Analysis

1540 Stock  TWD 20.55  0.25  1.23%   
As of the 18th of April 2024, Roundtop Machinery holds the Coefficient Of Variation of 434.07, semi deviation of 0.5275, and Risk Adjusted Performance of 0.1494. Roundtop Machinery technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Roundtop Machinery, which can be compared to its competitors. Please check Roundtop Machinery standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Roundtop Machinery is priced some-what accurately, providing market reflects its current price of 20.55 per share.

Roundtop Machinery Momentum Analysis

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

Roundtop Machinery 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 Roundtop Machinery volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Roundtop Machinery Trend Analysis

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

Roundtop Machinery Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Roundtop Machinery Industries applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Roundtop Machinery Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 62.09, which is the sum of squared deviations for the predicted Roundtop Machinery price change compared to its average price change.

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

Roundtop Machinery April 18, 2024 Technical Indicators

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

Roundtop Machinery April 18, 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 Roundtop 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Roundtop Machinery Industries. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Roundtop Stock analysis

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