Daesung Eltec (Korea) Technical Analysis

025440 Stock  KRW 845.00  20.00  2.42%   
As of the 6th of January, Daesung Eltec shows the Mean Deviation of 2.41, standard deviation of 3.69, and Coefficient Of Variation of (646.36). Daesung Eltec technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Daesung Eltec Momentum Analysis

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

Daesung Eltec Technical Analysis

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

Daesung Eltec Trend Analysis

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

Daesung Eltec Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Daesung Eltec Co applied against its price change over selected period. The best fit line has a slop of   7.56  , which may suggest that Daesung Eltec Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2159958.82, which is the sum of squared deviations for the predicted Daesung Eltec price change compared to its average price change.

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

Daesung Eltec January 6, 2025 Technical Indicators

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

Complementary Tools for Daesung Stock analysis

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