Hana Microelectronics (Thailand) Technical Analysis

HANA Stock  THB 37.50  1.75  4.46%   
As of the 18th of April 2024, Hana Microelectronics retains the Risk Adjusted Performance of (0.09), standard deviation of 2.58, and Market Risk Adjusted Performance of 1.49. Hana Microelectronics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Hana Microelectronics, which can be compared to its competitors. Please check out Hana Microelectronics information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Hana Microelectronics is priced fairly, providing market reflects its last-minute price of 37.5 per share.

Hana Microelectronics Momentum Analysis

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

Hana Microelectronics 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 Hana Microelectronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hana Microelectronics Trend Analysis

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

Hana Microelectronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hana Microelectronics Public applied against its price change over selected period. The best fit line has a slop of   0.21  , which may suggest that Hana Microelectronics Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1651.15, which is the sum of squared deviations for the predicted Hana Microelectronics price change compared to its average price change.

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

Hana Microelectronics April 18, 2024 Technical Indicators

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

Hana Microelectronics 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 Hana 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hana Microelectronics 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Hana Stock analysis

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