MFC-Nichada Thani (Thailand) Technical Analysis

MNIT2 Stock  THB 5.10  0.00  0.00%   
As of the 6th of May, MFC-Nichada Thani owns the Mean Deviation of 1.88, market risk adjusted performance of 0.1605, and Coefficient Of Variation of (1,724). In respect to fundamental indicators, the technical analysis model lets you check possible technical drivers of MFC Nichada Thani, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for MFC-Nichada Thani, which can be compared to its peers in the sector. Please verify MFC Nichada Thani variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if MFC Nichada Thani Property is priced more or less accurately, providing market reflects its prevailing price of 5.1 per share.

MFC-Nichada Thani Momentum Analysis

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

MFC Nichada Thani Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 MFC Nichada Thani volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MFC Nichada Thani Trend Analysis

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

MFC-Nichada Thani Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MFC Nichada Thani Property applied against its price change over selected period. The best fit line has a slop of   0.0091  , which may suggest that MFC Nichada Thani Property market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.15, which is the sum of squared deviations for the predicted MFC-Nichada Thani price change compared to its average price change.

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

MFC-Nichada Thani May 6, 2024 Technical Indicators

Most technical analysis of MFC-Nichada 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 MFC-Nichada from various momentum indicators to cycle indicators. When you analyze MFC-Nichada 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MFC Nichada Thani Property. 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 MFC Nichada Thani information on this page should be used as a complementary analysis to other MFC-Nichada Thani'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for MFC-Nichada Stock analysis

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