Choil Aluminum (Korea) Technical Analysis

018470 Stock   1,592  15.00  0.93%   
As of the 26th of March, Choil Aluminum shows the Mean Deviation of 1.29, downside deviation of 1.58, and Risk Adjusted Performance of 0.0927. Choil Aluminum technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Choil Aluminum Momentum Analysis

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

Choil Aluminum Technical Analysis

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The output start index for this execution was sixty with a total number of output elements of 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 Choil Aluminum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Choil Aluminum Trend Analysis

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

Choil Aluminum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Choil Aluminum applied against its price change over selected period. The best fit line has a slop of   4.28  , which means Choil Aluminum will continue producing value for investors. It has 122 observation points and a regression sum of squares at 692531.42, which is the sum of squared deviations for the predicted Choil Aluminum price change compared to its average price change.

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

Choil Aluminum March 26, 2025 Technical Indicators

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

Choil Aluminum March 26, 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 Choil 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 Choil Stock analysis

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