Foodnamoo (Korea) Technical Analysis

290720 Stock   5,410  10.00  0.18%   
As of the 23rd of April, Foodnamoo shows the Variance of 2.21, mean deviation of 1.15, and Standard Deviation of 1.49. Foodnamoo 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 analyze thirteen technical drivers for Foodnamoo, which can be compared to its peers. Please confirm Foodnamoo standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Foodnamoo is priced favorably, providing market reflects its regular price of 5410.0 per share.

Foodnamoo Momentum Analysis

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

Foodnamoo 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 Foodnamoo volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Foodnamoo Trend Analysis

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

Foodnamoo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Foodnamoo applied against its price change over selected period. The best fit line has a slop of   48.83  , which may suggest that Foodnamoo market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.018165627E7, which is the sum of squared deviations for the predicted Foodnamoo price change compared to its average price change.

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

Foodnamoo April 23, 2024 Technical Indicators

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

Foodnamoo 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 Foodnamoo 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 Foodnamoo. 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 Foodnamoo information on this page should be used as a complementary analysis to other Foodnamoo'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Foodnamoo Stock analysis

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