Hankook Furniture (Korea) Technical Analysis

004590 Stock  KRW 4,145  20.00  0.48%   
As of the 27th of February, Hankook Furniture retains the Market Risk Adjusted Performance of 1.68, downside deviation of 1.21, and Risk Adjusted Performance of 0.0512. Hankook Furniture technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hankook Furniture Momentum Analysis

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

Hankook Furniture Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Hankook Furniture volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hankook Furniture Trend Analysis

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

Hankook Furniture Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hankook Furniture Co applied against its price change over selected period. The best fit line has a slop of   5.09  , which means Hankook Furniture Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 979325.23, which is the sum of squared deviations for the predicted Hankook Furniture price change compared to its average price change.

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

Hankook Furniture February 27, 2025 Technical Indicators

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

Hankook Furniture February 27, 2025 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 Hankook 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 Hankook Stock analysis

When running Hankook Furniture's price analysis, check to measure Hankook Furniture'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 Hankook Furniture is operating at the current time. Most of Hankook Furniture's value examination focuses on studying past and present price action to predict the probability of Hankook Furniture's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hankook Furniture's price. Additionally, you may evaluate how the addition of Hankook Furniture to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk