PTT Global (Thailand) Momentum Indicators Average Directional Movement Index

PTTGC Stock  THB 35.75  1.00  2.72%   
PTT Global momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against PTT Global. PTT Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of PTT Global are pattern recognition functions that provide distinct formation on PTT Global potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of PTT Global Chemical and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low PTT Global ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

PTT Global Technical Analysis Modules

Most technical analysis of PTT Global 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 PTT from various momentum indicators to cycle indicators. When you analyze PTT charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About PTT Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PTT Global Chemical. We use our internally-developed statistical techniques to arrive at the intrinsic value of PTT Global Chemical based on widely used predictive technical indicators. In general, we focus on analyzing PTT Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build PTT Global's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of PTT Global's intrinsic value. In addition to deriving basic predictive indicators for PTT Global, we also check how macroeconomic factors affect PTT Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PTT Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
33.9335.7537.57
Details
Intrinsic
Valuation
LowRealHigh
28.8630.6839.33
Details
Naive
Forecast
LowNextHigh
32.1733.9935.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
35.2538.6942.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PTT Global. Your research has to be compared to or analyzed against PTT Global's peers to derive any actionable benefits. When done correctly, PTT Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PTT Global Chemical.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PTT Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PTT Global's short interest history, or implied volatility extrapolated from PTT Global options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Video Games Idea
Video Games
Invested over 500 shares
Impulse Idea
Impulse
Invested over 100 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 70 shares
Dividend Beast Idea
Dividend Beast
Invested over 60 shares
Momentum Idea
Momentum
Invested few shares
Banking Idea
Banking
Invested over 40 shares
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTT Global 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 main economic indicators.
Note that the PTT Global Chemical information on this page should be used as a complementary analysis to other PTT Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for PTT Stock analysis

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