Onano Industrial (Taiwan) Technical Analysis

6405 Stock  TWD 23.35  0.15  0.65%   
As of the 24th of April, Onano Industrial holds the Coefficient Of Variation of 19719.73, risk adjusted performance of 0.0106, and Semi Deviation of 1.59. Onano Industrial Corp 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 nineteen technical drivers for Onano Industrial Corp, which can be compared to its competitors. Please check Onano Industrial Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Onano Industrial Corp is priced some-what accurately, providing market reflects its current price of 23.35 per share.

Onano Industrial Momentum Analysis

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

Onano Industrial Corp 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 Onano Industrial Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Onano Industrial Corp Trend Analysis

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

Onano Industrial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Onano Industrial Corp applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Onano Industrial Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 13.1, which is the sum of squared deviations for the predicted Onano Industrial price change compared to its average price change.

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

Onano Industrial April 24, 2024 Technical Indicators

Most technical analysis of Onano 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 Onano from various momentum indicators to cycle indicators. When you analyze Onano 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 Onano Industrial Corp. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Onano Stock analysis

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