Weltrend Semiconductor (Taiwan) Technical Analysis

2436 Stock  TWD 60.50  1.30  2.20%   
As of the 23rd of April, Weltrend Semiconductor maintains the Mean Deviation of 1.47, standard deviation of 1.98, and Market Risk Adjusted Performance of (0.41). Weltrend Semiconductor 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 thirteen technical drivers for Weltrend Semiconductor, which can be compared to its peers. Please check out Weltrend Semiconductor variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Weltrend Semiconductor is priced fairly, providing market reflects its latest price of 60.5 per share.

Weltrend Semiconductor Momentum Analysis

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

Weltrend Semiconductor 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 Weltrend Semiconductor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Weltrend Semiconductor Trend Analysis

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

Weltrend Semiconductor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weltrend Semiconductor applied against its price change over selected period. The best fit line has a slop of   0.12  , which may suggest that Weltrend Semiconductor market price will keep on failing further. It has 122 observation points and a regression sum of squares at 581.5, which is the sum of squared deviations for the predicted Weltrend Semiconductor price change compared to its average price change.

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

Weltrend Semiconductor April 23, 2024 Technical Indicators

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

Weltrend Semiconductor April 23, 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 Weltrend 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 Weltrend Semiconductor. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Weltrend Stock analysis

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