Shijiazhuang Tonhe (China) Technical Analysis

300491 Stock   18.14  0.72  3.82%   
As of the 23rd of December, Shijiazhuang Tonhe has the Risk Adjusted Performance of 0.1044, semi deviation of 3.37, and Coefficient Of Variation of 821.54. Shijiazhuang Tonhe 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.

Shijiazhuang Tonhe Momentum Analysis

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

Shijiazhuang Tonhe Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Shijiazhuang Tonhe volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shijiazhuang Tonhe Trend Analysis

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

Shijiazhuang Tonhe Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shijiazhuang Tonhe Electronics applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Shijiazhuang Tonhe Electronics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 75.04, which is the sum of squared deviations for the predicted Shijiazhuang Tonhe price change compared to its average price change.

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

Shijiazhuang Tonhe December 23, 2024 Technical Indicators

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

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