Rafael Microelectronics (Taiwan) Technical Analysis

6568 Stock  TWD 129.50  3.00  2.26%   
As of the 26th of April, Rafael Microelectronics holds the Variance of 3.71, risk adjusted performance of (0.06), and Coefficient Of Variation of (942.85). Rafael Microelectronics 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 thirteen technical drivers for Rafael Microelectronics, which can be compared to its competitors. Please check Rafael Microelectronics coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Rafael Microelectronics is priced some-what accurately, providing market reflects its current price of 129.5 per share.

Rafael Microelectronics Momentum Analysis

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

Rafael Microelectronics Technical Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-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 Rafael Microelectronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rafael Microelectronics Trend Analysis

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

Rafael Microelectronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rafael Microelectronics applied against its price change over selected period. The best fit line has a slop of   0.28  , which may suggest that Rafael Microelectronics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3021.01, which is the sum of squared deviations for the predicted Rafael Microelectronics price change compared to its average price change.

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

Rafael Microelectronics April 26, 2024 Technical Indicators

Most technical analysis of Rafael 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 Rafael from various momentum indicators to cycle indicators. When you analyze Rafael 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 Rafael Microelectronics. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Rafael Stock analysis

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