Central Pattana (Thailand) Technical Analysis

CPN Stock  THB 63.50  0.75  1.20%   
As of the 28th of March, Central Pattana shows the Standard Deviation of 1.41, risk adjusted performance of (0.01), and Mean Deviation of 1.12. Central Pattana Public technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Central Pattana Public, which can be compared to its rivals. Please confirm Central Pattana Public information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Central Pattana Public is priced correctly, providing market reflects its regular price of 63.5 per share.

Central Pattana Momentum Analysis

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

Central Pattana Public 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 Central Pattana Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Central Pattana Public Trend Analysis

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

Central Pattana Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Central Pattana Public applied against its price change over selected period. The best fit line has a slop of   0.003  , which may suggest that Central Pattana Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.34, which is the sum of squared deviations for the predicted Central Pattana price change compared to its average price change.

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

Central Pattana March 28, 2024 Technical Indicators

Most technical analysis of Central 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 Central from various momentum indicators to cycle indicators. When you analyze Central 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 Central Pattana Public. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Central Stock analysis

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