Megaworld Corp Adr Stock Technical Analysis

MGAWY Stock  USD 6.00  0.01  0.17%   
As of the 18th of April 2024, Megaworld Corp secures the Standard Deviation of 2.84, mean deviation of 1.85, and Risk Adjusted Performance of (0.06). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Megaworld Corp ADR, as well as the relationship between them. 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 are able to interpolate and break down thirteen technical drivers for Megaworld Corp, which can be compared to its peers in the industry. Please verify Megaworld Corp ADR coefficient of variation and value at risk to decide if Megaworld Corp ADR is priced some-what accurately, providing market reflects its recent price of 6.0 per share. Given that Megaworld Corp ADR has information ratio of (0.12), we recommend you to check Megaworld Corp's last-minute market performance to make sure the company can sustain itself at a future point.

Megaworld Corp Momentum Analysis

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

Megaworld Corp ADR Technical Analysis

Indicator
Time Period
Execute Indicator
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 Megaworld Corp ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Megaworld Corp ADR Trend Analysis

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

Megaworld Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Megaworld Corp ADR applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Megaworld Corp ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.16, which is the sum of squared deviations for the predicted Megaworld Corp price change compared to its average price change.

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

Megaworld Corp April 18, 2024 Technical Indicators

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

Megaworld Corp 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 Megaworld 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 Megaworld Corp ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Megaworld Pink Sheet analysis

When running Megaworld Corp's price analysis, check to measure Megaworld Corp'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 Megaworld Corp is operating at the current time. Most of Megaworld Corp's value examination focuses on studying past and present price action to predict the probability of Megaworld Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Megaworld Corp's price. Additionally, you may evaluate how the addition of Megaworld Corp to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Please note, there is a significant difference between Megaworld Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Megaworld Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Megaworld Corp'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.