Wei Chih (Taiwan) Technical Analysis

2028 Stock   26.80  0.50  1.90%   
As of the 17th of April 2024, Wei Chih maintains the Mean Deviation of 1.49, market risk adjusted performance of 0.4682, and Downside Deviation of 1.83. Wei Chih Steel 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 Wei Chih Steel, which can be compared to its peers. Please check out Wei Chih Steel mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Wei Chih Steel is priced fairly, providing market reflects its latest price of 26.8 per share.

Wei Chih Momentum Analysis

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

Wei Chih Steel 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 Wei Chih Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wei Chih Steel Trend Analysis

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

Wei Chih Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wei Chih Steel applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Wei Chih Steel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 94.32, which is the sum of squared deviations for the predicted Wei Chih price change compared to its average price change.

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

Wei Chih April 17, 2024 Technical Indicators

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

Wei Chih April 17, 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 Wei 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 Wei Chih Steel. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Wei Stock analysis

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