Ok Biotech (Taiwan) Technical Analysis

4155 Stock   23.80  0.05  0.21%   
As of the 25th of April, Ok Biotech owns the total risk alpha of (0.20), and Mean Deviation of 0.6725. Ok Biotech Co technical analysis gives you tools to exploit past data patterns in attempt to determine a pattern that determines the direction of the company's future prices. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate ten technical drivers for Ok Biotech, which can be compared to its peers in the sector. Please check Ok Biotech mean deviation, standard deviation, maximum drawdown, as well as the relationship between the coefficient of variation and variance to decide if Ok Biotech Co is priced some-what accurately, providing market reflects its prevailing price of 23.8 per share.

Ok Biotech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 4155, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 4155
  
Ok Biotech'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.
Ok Biotech 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 Ok Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ok Biotech 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...

Ok Biotech Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Ok Biotech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ok Biotech Trend Analysis

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

Ok Biotech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ok Biotech Co applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Ok Biotech Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.8, which is the sum of squared deviations for the predicted Ok Biotech price change compared to its average price change.

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

Ok Biotech April 25, 2024 Technical Indicators

Most technical analysis of 4155 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 4155 from various momentum indicators to cycle indicators. When you analyze 4155 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.

Ok Biotech April 25, 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 4155 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 Ok Biotech 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 board of governors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for 4155 Stock analysis

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