Roo Hsing (Taiwan) Technical Analysis

4414 Stock  TWD 3.19  0.03  0.93%   
As of the 18th of December 2024, Roo Hsing holds the Risk Adjusted Performance of 0.0063, semi deviation of 0.9663, and Coefficient Of Variation of 37870.06. Roo Hsing technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Roo Hsing downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Roo Hsing is priced some-what accurately, providing market reflects its current price of 3.19 per share.

Roo Hsing Momentum Analysis

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

Roo Hsing 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 Roo Hsing volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Roo Hsing Trend Analysis

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

Roo Hsing Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Roo Hsing Co applied against its price change over selected period. The best fit line has a slop of    , which means Roo Hsing Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.31, which is the sum of squared deviations for the predicted Roo Hsing price change compared to its average price change.

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

Roo Hsing December 18, 2024 Technical Indicators

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

Additional Tools for Roo Stock Analysis

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