Eastern Water (Thailand) Technical Analysis

EASTW Stock  THB 3.46  0.02  0.57%   
As of the 25th of April, Eastern Water shows the Standard Deviation of 1.23, variance of 1.52, and Mean Deviation of 0.7142. Eastern Water Resources 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 are able to interpolate and break down thirteen technical drivers for Eastern Water Resources, which can be compared to its peers. Please confirm Eastern Water Resources market risk adjusted performance and treynor ratio to decide if Eastern Water Resources is priced favorably, providing market reflects its regular price of 3.46 per share.

Eastern Water Momentum Analysis

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

Eastern Water Resources Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Eastern Water Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eastern Water Resources Trend Analysis

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

Eastern Water Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eastern Water Resources applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Eastern Water Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.4, which is the sum of squared deviations for the predicted Eastern Water price change compared to its average price change.

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

Eastern Water April 25, 2024 Technical Indicators

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

Eastern Water April 25, 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 Eastern 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Water Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Eastern Stock analysis

When running Eastern Water's price analysis, check to measure Eastern Water'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 Eastern Water is operating at the current time. Most of Eastern Water's value examination focuses on studying past and present price action to predict the probability of Eastern Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastern Water's price. Additionally, you may evaluate how the addition of Eastern Water to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Please note, there is a significant difference between Eastern Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Water'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.