Daihan Pharmaceutical (Korea) Technical Analysis

023910 Stock  KRW 28,500  50.00  0.18%   
As of the 24th of April, Daihan Pharmaceutical shows the Downside Deviation of 0.7036, coefficient of variation of 2191.2, and Mean Deviation of 0.5999. Daihan Pharmaceutical 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 nineteen technical drivers for Daihan Pharmaceutical CoLtd, which can be compared to its peers. Please confirm Daihan Pharmaceutical semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Daihan Pharmaceutical is priced favorably, providing market reflects its regular price of 28500.0 per share.

Daihan Pharmaceutical Momentum Analysis

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

Daihan Pharmaceutical Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Daihan Pharmaceutical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Daihan Pharmaceutical Trend Analysis

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

Daihan Pharmaceutical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Daihan Pharmaceutical CoLtd applied against its price change over selected period. The best fit line has a slop of   12.3  , which may suggest that Daihan Pharmaceutical CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5717213.11, which is the sum of squared deviations for the predicted Daihan Pharmaceutical price change compared to its average price change.

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

Daihan Pharmaceutical April 24, 2024 Technical Indicators

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

Daihan Pharmaceutical April 24, 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 Daihan 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 Daihan Pharmaceutical CoLtd. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Daihan Stock analysis

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