Taiheiyo Cement Stock Technical Analysis

THYCF Stock  USD 22.90  0.00  0.00%   
As of the 23rd of April, Taiheiyo Cement has the Coefficient Of Variation of 815.56, variance of 3.32, and Risk Adjusted Performance of 0.0821. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taiheiyo Cement, 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 break down eleven technical drivers for Taiheiyo Cement, which can be compared to its competition. Please validate Taiheiyo Cement variance and skewness to decide if Taiheiyo Cement is priced more or less accurately, providing market reflects its prevalent price of 22.9 per share. Given that Taiheiyo Cement has variance of 3.32, we advise you to double-check Taiheiyo Cement's current market performance to make sure the company can sustain itself at a future point.

Taiheiyo Cement Momentum Analysis

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

Taiheiyo Cement 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 Taiheiyo Cement volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Taiheiyo Cement Trend Analysis

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

Taiheiyo Cement Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Taiheiyo Cement applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Taiheiyo Cement will continue generating value for investors. It has 122 observation points and a regression sum of squares at 186.72, which is the sum of squared deviations for the predicted Taiheiyo Cement price change compared to its average price change.

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

Taiheiyo Cement April 23, 2024 Technical Indicators

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

Taiheiyo Cement 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 Taiheiyo 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 Taiheiyo Cement. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Taiheiyo Cement information on this page should be used as a complementary analysis to other Taiheiyo Cement'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Taiheiyo Pink Sheet analysis

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