Wattanapat Hospital (Thailand) Technical Analysis

WPH Stock  THB 8.30  0.20  2.47%   
As of the 24th of April, Wattanapat Hospital maintains the Market Risk Adjusted Performance of (4.85), downside deviation of 2.06, and Mean Deviation of 2.0. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wattanapat Hospital Trang, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Wattanapat Hospital Trang, which can be compared to its peers. Please check out Wattanapat Hospital Trang treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Wattanapat Hospital Trang is priced fairly, providing market reflects its latest price of 8.3 per share.

Wattanapat Hospital Momentum Analysis

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

Wattanapat Hospital Trang Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Wattanapat Hospital Trang volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wattanapat Hospital Trang Trend Analysis

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

Wattanapat Hospital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wattanapat Hospital Trang applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Wattanapat Hospital Trang will continue generating value for investors. It has 122 observation points and a regression sum of squares at 78.68, which is the sum of squared deviations for the predicted Wattanapat Hospital price change compared to its average price change.

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

Wattanapat Hospital April 24, 2024 Technical Indicators

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

Wattanapat Hospital April 24, 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 Wattanapat 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wattanapat Hospital Trang. 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 Wattanapat Hospital Trang information on this page should be used as a complementary analysis to other Wattanapat Hospital'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Wattanapat Stock analysis

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