Thai Mui (Thailand) Technical Analysis

THMUI Stock  THB 0.58  0.01  1.69%   
As of the 25th of April, Thai Mui has the Coefficient Of Variation of (1,548), variance of 5.04, and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thai Mui, 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 collect and analyze data for thirteen technical drivers for Thai Mui, which can be compared to its competition. Please validate Thai Mui mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Thai Mui is priced more or less accurately, providing market reflects its prevalent price of 0.58 per share.

Thai Mui Momentum Analysis

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

Thai Mui 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 Thai Mui volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thai Mui Trend Analysis

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

Thai Mui Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thai Mui applied against its price change over selected period. The best fit line has a slop of   0.0012  , which may suggest that Thai Mui market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Thai Mui price change compared to its average price change.

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

Thai Mui April 25, 2024 Technical Indicators

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

Thai Mui April 25, 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 Thai 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 Thai Mui. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Thai Stock analysis

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