Eastern Polymer (Thailand) Technical Analysis

EPG-R Stock  THB 6.95  0.22  3.27%   
As of the 25th of April, Eastern Polymer shows the Variance of 0.0482, standard deviation of 0.2195, and Mean Deviation of 0.0532. Eastern Polymer Group 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 were able to interpolate data for ten technical drivers for Eastern Polymer Group, which can be compared to its peers. Please confirm Eastern Polymer Group market risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and treynor ratio to decide if Eastern Polymer Group is priced favorably, providing market reflects its regular price of 6.95 per share.

Eastern Polymer 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 Polymer'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 Polymer 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 Polymer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eastern Polymer 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 Polymer Group Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Polymer Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eastern Polymer Group Trend Analysis

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

Eastern Polymer Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eastern Polymer Group applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Eastern Polymer Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Eastern Polymer price change compared to its average price change.

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

Eastern Polymer 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 Polymer 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 Polymer Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Eastern Stock analysis

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