Hydrotek Public (Thailand) Technical Analysis

HYDRO Stock  THB 0.24  0.01  4.00%   
As of the 18th of April 2024, Hydrotek Public retains the Standard Deviation of 3.74, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of 14.01. Hydrotek Public 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 break down and interpolate data for thirteen technical drivers for Hydrotek Public, which can be compared to its competitors. Please check out Hydrotek Public mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Hydrotek Public is priced fairly, providing market reflects its last-minute price of 0.24 per share.

Hydrotek Public Momentum Analysis

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

Hydrotek 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 Hydrotek Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hydrotek Public Trend Analysis

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

Hydrotek Public Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hydrotek Public applied against its price change over selected period. The best fit line has a slop of   0.0015  , which may suggest that Hydrotek Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Hydrotek Public price change compared to its average price change.

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

Hydrotek Public April 18, 2024 Technical Indicators

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

Hydrotek Public 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 Hydrotek 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 Hydrotek 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 persons.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Hydrotek Stock analysis

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