Baotek Industrial (Taiwan) Technical Analysis

5340 Stock  TWD 54.50  0.50  0.93%   
As of the 23rd of April, Baotek Industrial shows the Standard Deviation of 2.8, risk adjusted performance of 0.0072, and Mean Deviation of 2.11. Baotek 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 thirteen technical drivers for Baotek Industrial Materials, which can be compared to its peers. Please confirm Baotek Industrial standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Baotek Industrial is priced correctly, providing market reflects its regular price of 54.5 per share.

Baotek Industrial Momentum Analysis

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

Baotek Industrial Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Baotek Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Baotek Industrial Trend Analysis

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

Baotek Industrial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Baotek Industrial Materials applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Baotek Industrial Materials market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19.41, which is the sum of squared deviations for the predicted Baotek Industrial price change compared to its average price change.

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

Baotek Industrial April 23, 2024 Technical Indicators

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

Baotek Industrial April 23, 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 Baotek 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 Baotek Industrial Materials. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Baotek Stock analysis

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