Chenming Mold (Taiwan) Technical Analysis

3013 Stock  TWD 75.40  6.80  9.91%   
As of the 25th of April, Chenming Mold shows the risk adjusted performance of 0.1552, and Mean Deviation of 4.01. Chenming Mold Industrial technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 Chenming Mold Industrial, which can be compared to its peers. Please confirm Chenming Mold Industrial semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Chenming Mold Industrial is priced correctly, providing market reflects its regular price of 75.4 per share.

Chenming Mold Momentum Analysis

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

Chenming Mold Industrial Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. 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 Chenming Mold Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Chenming Mold Industrial Trend Analysis

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

Chenming Mold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chenming Mold Industrial applied against its price change over selected period. The best fit line has a slop of   0.57  , which means Chenming Mold Industrial will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12173.07, which is the sum of squared deviations for the predicted Chenming Mold price change compared to its average price change.

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

Chenming Mold April 25, 2024 Technical Indicators

Most technical analysis of Chenming 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 Chenming from various momentum indicators to cycle indicators. When you analyze Chenming 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 Chenming Mold Industrial. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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