RichWave Technology (Taiwan) Technical Analysis

4968 Stock  TWD 183.50  3.50  1.94%   
As of the 1st of May, RichWave Technology holds the Risk Adjusted Performance of 0.0449, semi deviation of 3.21, and Coefficient Of Variation of 1753.13. RichWave Technology Corp 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 RichWave Technology Corp, which can be compared to its competitors. Please check RichWave Technology Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if RichWave Technology Corp is priced some-what accurately, providing market reflects its current price of 183.5 per share.

RichWave Technology Momentum Analysis

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

RichWave Technology Corp 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 RichWave Technology Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

RichWave Technology Corp Trend Analysis

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

RichWave Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RichWave Technology Corp applied against its price change over selected period. The best fit line has a slop of   0.35  , which may suggest that RichWave Technology Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4613.37, which is the sum of squared deviations for the predicted RichWave Technology price change compared to its average price change.

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

RichWave Technology May 1, 2024 Technical Indicators

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

RichWave Technology May 1, 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 RichWave 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 RichWave Technology Corp. 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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for RichWave Stock analysis

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