Everlight Electronics (Taiwan) Technical Analysis

2393 Stock  TWD 53.50  0.50  0.93%   
As of the 28th of March, Everlight Electronics shows the Coefficient Of Variation of 520.5, downside deviation of 1.03, and Mean Deviation of 0.7962. Everlight Electronics 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 nineteen technical drivers for Everlight Electronics Co, which can be compared to its rivals. Please confirm Everlight Electronics semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Everlight Electronics is priced favorably, providing market reflects its regular price of 53.5 per share.

Everlight Electronics Momentum Analysis

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

Everlight Electronics 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 Everlight Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Everlight Electronics Trend Analysis

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

Everlight Electronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Everlight Electronics Co applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Everlight Electronics Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 336.97, which is the sum of squared deviations for the predicted Everlight Electronics price change compared to its average price change.

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

Everlight Electronics March 28, 2024 Technical Indicators

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

Everlight Electronics March 28, 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 Everlight 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 Everlight Electronics Co. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Everlight Stock analysis

When running Everlight Electronics' price analysis, check to measure Everlight Electronics' 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 Everlight Electronics is operating at the current time. Most of Everlight Electronics' value examination focuses on studying past and present price action to predict the probability of Everlight Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Electronics' price. Additionally, you may evaluate how the addition of Everlight Electronics to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Please note, there is a significant difference between Everlight Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everlight Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everlight Electronics' 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.