Cheer Holding Stock Technical Analysis

CHR Stock   3.00  0.14  4.90%   
As of the 4th of December, Cheer Holding shows the mean deviation of 2.2, and Risk Adjusted Performance of 0.0902. Cheer Holding 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 Cheer Holding standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Cheer Holding is priced correctly, providing market reflects its regular price of 3.0 per share. Given that Cheer Holding has jensen alpha of 0.3104, we suggest you to validate Cheer Holding's prevailing market performance to make sure the company can sustain itself at a future point.

Cheer Holding Momentum Analysis

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

Cheer Holding 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 Cheer Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cheer Holding Trend Analysis

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

Cheer Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cheer Holding applied against its price change over selected period. The best fit line has a slop of    , which may imply that Cheer Holding will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Cheer Holding price change compared to its average price change.

About Cheer Holding 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 Cheer Holding 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 Cheer Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cheer Holding price pattern first instead of the macroeconomic environment surrounding Cheer Holding. By analyzing Cheer Holding'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 Cheer Holding'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 Cheer Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding150.6227.8194.5241.0
PTB Ratio0.490.580.09470.09

Cheer Holding December 4, 2024 Technical Indicators

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

Cheer Holding December 4, 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 Cheer 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.

Additional Tools for Cheer Stock Analysis

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