Thai Rung (Thailand) Technical Analysis

TRU Stock  THB 3.40  0.04  1.19%   
As of the 11th of January 2025, Thai Rung has the Semi Deviation of 0.4048, risk adjusted performance of 0.1249, and Coefficient Of Variation of 641.89. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thai Rung Union, as well as the relationship between them.

Thai Rung Momentum Analysis

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

Thai Rung Union 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 Thai Rung Union volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thai Rung Union Trend Analysis

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

Thai Rung Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thai Rung Union applied against its price change over selected period. The best fit line has a slop of    , which means Thai Rung Union will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.21, which is the sum of squared deviations for the predicted Thai Rung price change compared to its average price change.

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

Thai Rung January 11, 2025 Technical Indicators

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

Other Information on Investing in Thai Stock

Thai Rung financial ratios help investors to determine whether Thai Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thai with respect to the benefits of owning Thai Rung security.