New Era (Taiwan) Technical Analysis

4909 Stock  TWD 81.50  2.20  2.77%   
As of the 25th of April, New Era secures the Mean Deviation of 4.07, downside deviation of 4.61, and Risk Adjusted Performance of 0.1628. New Era Electronics technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for New Era, which can be compared to its peers in the industry. Please verify New Era Electronics jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if New Era Electronics is priced some-what accurately, providing market reflects its recent price of 81.5 per share.

New Era Momentum Analysis

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

New Era Electronics 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 New Era Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

New Era Electronics Trend Analysis

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

New Era Best Fit Change Line

The following chart estimates an ordinary least squares regression model for New Era Electronics applied against its price change over selected period. The best fit line has a slop of   1.07  , which means New Era Electronics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 43703.16, which is the sum of squared deviations for the predicted New Era price change compared to its average price change.

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

New Era April 25, 2024 Technical Indicators

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

New Era 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 New 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 New Era Electronics. 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for New Stock analysis

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