Chong Hong (Taiwan) Technical Analysis
| 5534 Stock | TWD 88.10 0.20 0.23% |
As of the 11th of December 2024, Chong Hong shows the Standard Deviation of 2.24, risk adjusted performance of (0.09), and Mean Deviation of 1.62. Chong Hong Construction 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. Please confirm Chong Hong Construction standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Chong Hong Construction is priced correctly, providing market reflects its regular price of 88.1 per share.
Chong Hong Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChongChong |
Chong Hong 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.
Chong Hong Construction Technical Analysis
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 Chong Hong Construction volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chong Hong Construction Trend Analysis
Use this graph to draw trend lines for Chong Hong Construction. You can use it to identify possible trend reversals for Chong Hong 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 Chong Hong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chong Hong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chong Hong Construction applied against its price change over selected period. The best fit line has a slop of 0.32 , which may suggest that Chong Hong Construction market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3802.69, which is the sum of squared deviations for the predicted Chong Hong price change compared to its average price change.About Chong Hong 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 Chong Hong Construction 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 Chong Hong Construction based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chong Hong Construction price pattern first instead of the macroeconomic environment surrounding Chong Hong Construction. By analyzing Chong Hong'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 Chong Hong'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 Chong Hong specific price patterns or momentum indicators. Please read more on our technical analysis page.
Chong Hong December 11, 2024 Technical Indicators
Most technical analysis of Chong 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 Chong from various momentum indicators to cycle indicators. When you analyze Chong 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | 34.87 | |||
| Mean Deviation | 1.62 | |||
| Coefficient Of Variation | (721.21) | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.02 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 34.86 | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 3.68 | |||
| Skewness | (0.76) | |||
| Kurtosis | 3.52 |
Chong Hong 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 Chong 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.
| Accumulation Distribution | 7,100 | ||
| Daily Balance Of Power | (0.13) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 88.70 | ||
| Day Typical Price | 88.50 | ||
| Price Action Indicator | (0.70) |
Additional Tools for Chong Stock Analysis
When running Chong Hong's price analysis, check to measure Chong Hong'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 Chong Hong is operating at the current time. Most of Chong Hong's value examination focuses on studying past and present price action to predict the probability of Chong Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chong Hong's price. Additionally, you may evaluate how the addition of Chong Hong to your portfolios can decrease your overall portfolio volatility.