Westone Information (China) Technical Analysis

002268 Stock   18.07  0.06  0.33%   
As of the 3rd of December, Westone Information maintains the Mean Deviation of 2.8, market risk adjusted performance of 1.66, and Downside Deviation of 3.32. Westone Information technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

Westone Information Momentum Analysis

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

Westone Information Technical Analysis

Indicator
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Execute Indicator
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 Westone Information volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Westone Information Trend Analysis

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

Westone Information Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Westone Information Industry applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Westone Information Industry will continue generating value for investors. It has 122 observation points and a regression sum of squares at 580.74, which is the sum of squared deviations for the predicted Westone Information price change compared to its average price change.

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

Westone Information December 3, 2024 Technical Indicators

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

Westone Information December 3, 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 Westone 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.

Complementary Tools for Westone Stock analysis

When running Westone Information's price analysis, check to measure Westone Information'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 Westone Information is operating at the current time. Most of Westone Information's value examination focuses on studying past and present price action to predict the probability of Westone Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westone Information's price. Additionally, you may evaluate how the addition of Westone Information to your portfolios can decrease your overall portfolio volatility.
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