SIM Technology (Taiwan) Technical Analysis

912000 Stock  TWD 2.72  0.10  3.55%   
As of the 18th of April 2024, SIM Technology has the coefficient of variation of 877.48, and Risk Adjusted Performance of 0.0798. SIM Technology 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 nineteen technical drivers for SIM Technology Group, which can be compared to its competition. Please validate SIM Technology Group downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if SIM Technology is priced adequately, providing market reflects its prevalent price of 2.72 per share.

SIM Technology Momentum Analysis

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

SIM Technology Group 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 SIM Technology Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SIM Technology Group Trend Analysis

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

SIM Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SIM Technology Group applied against its price change over selected period. The best fit line has a slop of   0.01  , which means SIM Technology Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.73, which is the sum of squared deviations for the predicted SIM Technology price change compared to its average price change.

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

SIM Technology April 18, 2024 Technical Indicators

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

SIM Technology 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 SIM 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 SIM Technology Group. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for SIM Stock analysis

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