Shinhsiung Natural (Taiwan) Technical Analysis

8908 Stock  TWD 56.70  0.70  1.25%   
As of the 18th of April 2024, Shinhsiung Natural has the Coefficient Of Variation of (1,670), variance of 0.9654, and Risk Adjusted Performance of (0.03). Shinhsiung Natural technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Shinhsiung Natural Gas, which can be compared to its competition. Please validate Shinhsiung Natural Gas mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Shinhsiung Natural is priced more or less accurately, providing market reflects its prevalent price of 56.7 per share.

Shinhsiung Natural Momentum Analysis

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

Shinhsiung Natural Gas Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Shinhsiung Natural Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shinhsiung Natural Gas Trend Analysis

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

Shinhsiung Natural Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shinhsiung Natural Gas applied against its price change over selected period. The best fit line has a slop of   0.000017  , which means Shinhsiung Natural Gas will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Shinhsiung Natural price change compared to its average price change.

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

Shinhsiung Natural April 18, 2024 Technical Indicators

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

Shinhsiung Natural April 18, 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 Shinhsiung 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 Shinhsiung Natural Gas. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Shinhsiung Stock analysis

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