Oneness Biotech (Taiwan) Technical Analysis

4743 Stock  TWD 174.00  3.00  1.75%   
As of the 28th of March, Oneness Biotech holds the Variance of 4.49, coefficient of variation of (1,570), and Risk Adjusted Performance of (0.03). Oneness Biotech technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Oneness Biotech, which can be compared to its competitors. Please check Oneness Biotech coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Oneness Biotech is priced some-what accurately, providing market reflects its current price of 174.0 per share.

Oneness 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 Oneness, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Oneness
  
Oneness 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.
Oneness 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 Oneness Biotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oneness 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...

Oneness Biotech Technical Analysis

Indicator
Time Period
Execute Indicator
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 Oneness Biotech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oneness Biotech Trend Analysis

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

Oneness Biotech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oneness Biotech Co applied against its price change over selected period. The best fit line has a slop of   0.37  , which may suggest that Oneness Biotech Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5176.52, which is the sum of squared deviations for the predicted Oneness Biotech price change compared to its average price change.

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

Oneness Biotech March 28, 2024 Technical Indicators

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

Oneness Biotech March 28, 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 Oneness 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 Oneness 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Oneness Stock analysis

When running Oneness Biotech's price analysis, check to measure Oneness 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 Oneness Biotech is operating at the current time. Most of Oneness Biotech's value examination focuses on studying past and present price action to predict the probability of Oneness 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 Oneness Biotech's price. Additionally, you may evaluate how the addition of Oneness Biotech to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Please note, there is a significant difference between Oneness Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oneness Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oneness 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.