JUSUNG ENGINEERING (Korea) Technical Analysis

036930 Stock  KRW 33,150  1,100  3.43%   
As of the 24th of April, JUSUNG ENGINEERING retains the risk adjusted performance of 0.0383, and Market Risk Adjusted Performance of (0.31). JUSUNG ENGINEERING technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for JUSUNG ENGINEERING, which can be compared to its competitors. Please check out JUSUNG ENGINEERING variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if JUSUNG ENGINEERING is priced adequately, providing market reflects its last-minute price of 33150.0 per share.

JUSUNG ENGINEERING Momentum Analysis

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

JUSUNG ENGINEERING 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 JUSUNG ENGINEERING volatility. High ATR values indicate high volatility, and low values indicate low volatility.

JUSUNG ENGINEERING Trend Analysis

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

JUSUNG ENGINEERING Best Fit Change Line

The following chart estimates an ordinary least squares regression model for JUSUNG ENGINEERING Co applied against its price change over selected period. The best fit line has a slop of   67.70  , which means JUSUNG ENGINEERING Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.7336521311E8, which is the sum of squared deviations for the predicted JUSUNG ENGINEERING price change compared to its average price change.

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

JUSUNG ENGINEERING April 24, 2024 Technical Indicators

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

JUSUNG ENGINEERING 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 JUSUNG 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 JUSUNG ENGINEERING 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 JUSUNG ENGINEERING information on this page should be used as a complementary analysis to other JUSUNG ENGINEERING'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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for JUSUNG Stock analysis

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