Eastern Media (Taiwan) Technical Analysis

2614 Stock  TWD 19.50  0.10  0.51%   
As of the 28th of April, Eastern Media shows the Variance of 1.17, mean deviation of 0.8083, and Standard Deviation of 1.08. Eastern Media Intern 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 thirteen technical drivers for Eastern Media International, which can be compared to its peers. Please confirm Eastern Media Intern treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Eastern Media Intern is priced favorably, providing market reflects its regular price of 19.5 per share.

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

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The output start index for this execution was sixty with a total number of output elements of 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 Media Intern volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eastern Media Intern Trend Analysis

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

Eastern Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eastern Media International applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Eastern Media International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 33.88, which is the sum of squared deviations for the predicted Eastern Media price change compared to its average price change.

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

Eastern Media April 28, 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Eastern Media International. 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 Eastern Stock analysis

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