Sungwoo Electronics (Korea) Technical Analysis

081580 Stock   3,430  20.00  0.59%   
As of the 11th of December 2024, Sungwoo Electronics has the Risk Adjusted Performance of (0.03), coefficient of variation of (1,870), and Variance of 9.88. Sungwoo Electronics technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sungwoo Electronics Momentum Analysis

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

Sungwoo Electronics Technical Analysis

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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 Sungwoo Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sungwoo Electronics Trend Analysis

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

Sungwoo Electronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sungwoo Electronics Co applied against its price change over selected period. The best fit line has a slop of   12.17  , which may suggest that Sungwoo Electronics Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5604170.93, which is the sum of squared deviations for the predicted Sungwoo Electronics price change compared to its average price change.

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

Sungwoo Electronics December 11, 2024 Technical Indicators

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

Sungwoo Electronics December 11, 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 Sungwoo 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 Sungwoo Stock analysis

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