Wanshih Electronic (Taiwan) Technical Analysis

6134 Stock  TWD 20.00  0.70  3.63%   
As of the 18th of April 2024, Wanshih Electronic maintains the Market Risk Adjusted Performance of (0.28), mean deviation of 1.81, and Downside Deviation of 2.26. Wanshih Electronic technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Wanshih Electronic, which can be compared to its peers. Please check out Wanshih Electronic downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Wanshih Electronic is priced fairly, providing market reflects its latest price of 20.0 per share.

Wanshih Electronic Momentum Analysis

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

Wanshih Electronic 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 Wanshih Electronic volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wanshih Electronic Trend Analysis

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

Wanshih Electronic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wanshih Electronic Co applied against its price change over selected period. The best fit line has a slop of    , which means Wanshih Electronic Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Wanshih Electronic price change compared to its average price change.

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

Wanshih Electronic April 18, 2024 Technical Indicators

Most technical analysis of Wanshih 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 Wanshih from various momentum indicators to cycle indicators. When you analyze Wanshih 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 Wanshih Electronic 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Wanshih Stock analysis

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