Nongwoobio (Korea) Technical Analysis

054050 Stock  KRW 7,990  10.00  0.13%   
As of the 24th of April, Nongwoobio secures the Mean Deviation of 0.4191, standard deviation of 0.6836, and Risk Adjusted Performance of (0). Nongwoobio Co technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. 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 were able to analyze thirteen technical drivers for Nongwoobio, which can be compared to its peers in the industry. Please verify Nongwoobio variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Nongwoobio Co is priced some-what accurately, providing market reflects its recent price of 7990.0 per share.

Nongwoobio Momentum Analysis

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

Nongwoobio 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 Nongwoobio volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nongwoobio Trend Analysis

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

Nongwoobio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nongwoobio Co applied against its price change over selected period. The best fit line has a slop of   3.79  , which may suggest that Nongwoobio Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 542054.8, which is the sum of squared deviations for the predicted Nongwoobio price change compared to its average price change.

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

Nongwoobio April 24, 2024 Technical Indicators

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

Nongwoobio 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 Nongwoobio 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Nongwoobio Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Nongwoobio information on this page should be used as a complementary analysis to other Nongwoobio'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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