Yong Shun (Taiwan) Technical Analysis

4711 Stock  TWD 16.90  0.15  0.88%   
As of the 30th of April, Yong Shun maintains the Mean Deviation of 0.7002, market risk adjusted performance of 0.6409, and Downside Deviation of 0.9272. Yong Shun Chemical technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Yong Shun Chemical, which can be compared to its peers. Please check out Yong Shun Chemical downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Yong Shun Chemical is priced fairly, providing market reflects its latest price of 16.9 per share.

Yong Shun Momentum Analysis

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

Yong Shun Chemical Technical Analysis

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The output start index for this execution was fifteen with a total number of output elements of fourty-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 Yong Shun Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Yong Shun Chemical Trend Analysis

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

Yong Shun Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Yong Shun Chemical applied against its price change over selected period. The best fit line has a slop of    , which means Yong Shun Chemical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.46, which is the sum of squared deviations for the predicted Yong Shun price change compared to its average price change.

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

Yong Shun April 30, 2024 Technical Indicators

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

Yong Shun April 30, 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 Yong 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Yong Shun Chemical. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Yong Stock analysis

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