Erawan (Thailand) Technical Analysis

ERW Stock  THB 4.82  0.04  0.84%   
As of the 25th of April, Erawan shows the Risk Adjusted Performance of 0.037, downside deviation of 1.7, and Semi Deviation of 1.23. Erawan 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 are able to interpolate and break down nineteen technical drivers for The Erawan Group, which can be compared to its peers. Please confirm Erawan Group coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Erawan Group is priced favorably, providing market reflects its regular price of 4.82 per share.

Erawan Momentum Analysis

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

Erawan Group Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Erawan Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Erawan Group Trend Analysis

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

Erawan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Erawan Group applied against its price change over selected period. The best fit line has a slop of   0.0028  , which may suggest that The Erawan Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.29, which is the sum of squared deviations for the predicted Erawan price change compared to its average price change.

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

Erawan April 25, 2024 Technical Indicators

Most technical analysis of Erawan 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 Erawan from various momentum indicators to cycle indicators. When you analyze Erawan 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in The Erawan 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 board of governors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Erawan Stock analysis

When running Erawan's price analysis, check to measure Erawan'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 Erawan is operating at the current time. Most of Erawan's value examination focuses on studying past and present price action to predict the probability of Erawan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erawan's price. Additionally, you may evaluate how the addition of Erawan to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Please note, there is a significant difference between Erawan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erawan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erawan'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.