Tianneng Battery (China) Technical Analysis

688819 Stock   27.66  0.32  1.14%   
As of the 20th of December, Tianneng Battery has the Semi Deviation of 3.03, risk adjusted performance of 0.0345, and Coefficient Of Variation of 2977.59. Tianneng Battery 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.

Tianneng Battery Momentum Analysis

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

Tianneng Battery Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Tianneng Battery volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tianneng Battery Trend Analysis

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

Tianneng Battery Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tianneng Battery Group applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Tianneng Battery Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 144.22, which is the sum of squared deviations for the predicted Tianneng Battery price change compared to its average price change.

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

Tianneng Battery December 20, 2024 Technical Indicators

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

Tianneng Battery December 20, 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 Tianneng 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 Tianneng Stock analysis

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