Krung Thai (Thailand) Technical Analysis

KTB Stock  THB 16.20  0.40  2.41%   
As of the 23rd of April, Krung Thai secures the Standard Deviation of 1.75, risk adjusted performance of (0.03), and Mean Deviation of 1.08. Krung Thai Bank technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed thirteen technical drivers for Krung Thai, which can be compared to its peers in the industry. Please verify Krung Thai Bank coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Krung Thai Bank is priced some-what accurately, providing market reflects its recent price of 16.2 per share.

Krung Thai Momentum Analysis

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

Krung Thai Bank Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Krung Thai Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Krung Thai Bank Trend Analysis

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

Krung Thai Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Krung Thai Bank applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Krung Thai Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.99, which is the sum of squared deviations for the predicted Krung Thai price change compared to its average price change.

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

Krung Thai April 23, 2024 Technical Indicators

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

Krung Thai April 23, 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 Krung 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Krung Thai Bank. 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.
Note that the Krung Thai Bank information on this page should be used as a complementary analysis to other Krung Thai's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Krung Stock analysis

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