Sungwoo Hitech (Korea) Momentum Indicators Average Directional Movement Index

015750 Stock   5,100  80.00  1.59%   
Sungwoo Hitech momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Sungwoo Hitech. Sungwoo Hitech value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Sungwoo Hitech are pattern recognition functions that provide distinct formation on Sungwoo Hitech potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The average directional index (ADX) measures the strength of a prevailing trend of Sungwoo Hitech and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Sungwoo Hitech ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Sungwoo Hitech Technical Analysis Modules

Most technical analysis of Sungwoo Hitech 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 Sungwoo from various momentum indicators to cycle indicators. When you analyze Sungwoo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sungwoo Hitech Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sungwoo Hitech Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sungwoo Hitech Co based on widely used predictive technical indicators. In general, we focus on analyzing Sungwoo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sungwoo Hitech's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sungwoo Hitech's intrinsic value. In addition to deriving basic predictive indicators for Sungwoo Hitech, we also check how macroeconomic factors affect Sungwoo Hitech price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
5,0985,1005,102
Details
Intrinsic
Valuation
LowRealHigh
4,5084,5115,610
Details
Naive
Forecast
LowNextHigh
5,0075,0095,012
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,9445,0965,249
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sungwoo Hitech. Your research has to be compared to or analyzed against Sungwoo Hitech's peers to derive any actionable benefits. When done correctly, Sungwoo Hitech's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sungwoo Hitech.

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Other Information on Investing in Sungwoo Stock

Sungwoo Hitech financial ratios help investors to determine whether Sungwoo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sungwoo with respect to the benefits of owning Sungwoo Hitech security.