Fubon Financial (Taiwan) Technical Analysis

2881B Stock   59.50  0.20  0.34%   
As of the 16th of April 2024, Fubon Financial shows the Coefficient Of Variation of (1,426), standard deviation of 0.1433, and Mean Deviation of 0.0725. Fubon Financial Holding 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 have analyzed thirteen technical drivers for Fubon Financial Holding, which can be compared to its peers. Please confirm Fubon Financial Holding mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Fubon Financial Holding is priced favorably, providing market reflects its regular price of 59.5 per share.

Fubon Financial Momentum Analysis

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

Fubon Financial Holding Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Fubon Financial Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Fubon Financial Holding Trend Analysis

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

Fubon Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Fubon Financial Holding applied against its price change over selected period. The best fit line has a slop of   0.0048  , which may suggest that Fubon Financial Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.86, which is the sum of squared deviations for the predicted Fubon Financial price change compared to its average price change.

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

Fubon Financial April 16, 2024 Technical Indicators

Most technical analysis of Fubon 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 Fubon from various momentum indicators to cycle indicators. When you analyze Fubon 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 Fubon Financial Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Fubon Financial Holding information on this page should be used as a complementary analysis to other Fubon Financial'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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Fubon Stock analysis

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