Siam Steel (Thailand) Technical Analysis

SSSC Stock  THB 3.10  0.02  0.65%   
As of the 29th of March, Siam Steel has the Coefficient Of Variation of 678.38, semi deviation of 0.2142, and Risk Adjusted Performance of 0.0819. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Siam Steel Service, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Siam Steel Service, which can be compared to its competition. Please validate Siam Steel Service coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Siam Steel is priced more or less accurately, providing market reflects its prevalent price of 3.1 per share.

Siam Steel Momentum Analysis

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

Siam Steel Service Technical Analysis

Indicator
Time Period
Execute Indicator
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 Siam Steel Service volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Siam Steel Service Trend Analysis

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

Siam Steel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Siam Steel Service applied against its price change over selected period. The best fit line has a slop of    , which means Siam Steel Service will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Siam Steel price change compared to its average price change.

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

Siam Steel March 29, 2024 Technical Indicators

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

Siam Steel March 29, 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 Siam 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Siam Steel Service. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Siam Stock analysis

When running Siam Steel's price analysis, check to measure Siam Steel'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 Siam Steel is operating at the current time. Most of Siam Steel's value examination focuses on studying past and present price action to predict the probability of Siam Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siam Steel's price. Additionally, you may evaluate how the addition of Siam Steel to your portfolios can decrease your overall portfolio volatility.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Money Managers
Screen money managers from public funds and ETFs managed around the world
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Transaction History
View history of all your transactions and understand their impact on performance
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Please note, there is a significant difference between Siam Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siam Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siam Steel'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.