WooGene BG (Korea) Technical Analysis

018620 Stock  KRW 1,098  4.00  0.37%   
As of the 19th of April, WooGene BG maintains the Standard Deviation of 0.8734, market risk adjusted performance of (0.85), and Mean Deviation of 0.6627. WooGene BG 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 analyze thirteen technical drivers for WooGene BG, which can be compared to its peers. Please check out WooGene BG standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if WooGene BG is priced fairly, providing market reflects its latest price of 1098.0 per share.

WooGene BG Momentum Analysis

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

WooGene BG Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 WooGene BG volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WooGene BG Trend Analysis

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

WooGene BG Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WooGene BG Co applied against its price change over selected period. The best fit line has a slop of   1.22  , which may suggest that WooGene BG Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 56280.55, which is the sum of squared deviations for the predicted WooGene BG price change compared to its average price change.

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

WooGene BG April 19, 2024 Technical Indicators

Most technical analysis of WooGene 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 WooGene from various momentum indicators to cycle indicators. When you analyze WooGene 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 WooGene BG Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the WooGene BG information on this page should be used as a complementary analysis to other WooGene BG'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for WooGene Stock analysis

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