Longxing Chemical (China) Technical Analysis
| 002442 Stock | 5.65 0.05 0.88% |
As of the 2nd of December, Longxing Chemical secures the Downside Deviation of 2.29, risk adjusted performance of 0.174, and Mean Deviation of 1.77. Longxing Chemical Stock 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.
Longxing Chemical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Longxing, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LongxingLongxing |
Longxing Chemical 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.
Longxing Chemical Stock Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Longxing Chemical Stock volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Longxing Chemical Stock Trend Analysis
Use this graph to draw trend lines for Longxing Chemical Stock. You can use it to identify possible trend reversals for Longxing Chemical 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 Longxing Chemical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Longxing Chemical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Longxing Chemical Stock applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Longxing Chemical Stock will continue generating value for investors. It has 122 observation points and a regression sum of squares at 26.79, which is the sum of squared deviations for the predicted Longxing Chemical price change compared to its average price change.About Longxing Chemical 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 Longxing Chemical Stock 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 Longxing Chemical Stock based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Longxing Chemical Stock price pattern first instead of the macroeconomic environment surrounding Longxing Chemical Stock. By analyzing Longxing Chemical'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 Longxing Chemical'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 Longxing Chemical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Longxing Chemical December 2, 2024 Technical Indicators
Most technical analysis of Longxing 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 Longxing from various momentum indicators to cycle indicators. When you analyze Longxing 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.174 | |||
| Market Risk Adjusted Performance | (1.20) | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 2.29 | |||
| Coefficient Of Variation | 457.4 | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.8 | |||
| Information Ratio | 0.1615 | |||
| Jensen Alpha | 0.571 | |||
| Total Risk Alpha | 0.1146 | |||
| Sortino Ratio | 0.1701 | |||
| Treynor Ratio | (1.21) | |||
| Maximum Drawdown | 15.48 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.54 | |||
| Downside Variance | 5.23 | |||
| Semi Variance | 3.33 | |||
| Expected Short fall | (2.02) | |||
| Skewness | (0.06) | |||
| Kurtosis | 2.48 |
Complementary Tools for Longxing Stock analysis
When running Longxing Chemical's price analysis, check to measure Longxing Chemical'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 Longxing Chemical is operating at the current time. Most of Longxing Chemical's value examination focuses on studying past and present price action to predict the probability of Longxing Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Longxing Chemical's price. Additionally, you may evaluate how the addition of Longxing Chemical to your portfolios can decrease your overall portfolio volatility.
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