Tipco Asphalt (Thailand) Technical Analysis

TASCO Stock  THB 19.90  0.80  4.19%   
As of the 3rd of December, Tipco Asphalt has the Risk Adjusted Performance of 0.1398, semi deviation of 0.8524, and Coefficient Of Variation of 566.8. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tipco Asphalt Public, as well as the relationship between them.

Tipco Asphalt Momentum Analysis

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

Tipco Asphalt Public Technical Analysis

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The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Tipco Asphalt Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tipco Asphalt Public Trend Analysis

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

Tipco Asphalt Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tipco Asphalt Public applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Tipco Asphalt Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.27, which is the sum of squared deviations for the predicted Tipco Asphalt price change compared to its average price change.

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

Tipco Asphalt December 3, 2024 Technical Indicators

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

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