TMBThanachart Bank (Thailand) Technical Analysis

TTB Stock   1.76  0.01  0.56%   
As of the 29th of November, TMBThanachart Bank owns the risk adjusted performance of (0), and Standard Deviation of 1.2. In relation to fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of TMBThanachart Bank Public, as well as the relationship between them.

TMBThanachart Bank Momentum Analysis

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

TMBThanachart Bank Public Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 TMBThanachart Bank Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

TMBThanachart Bank Public Trend Analysis

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

TMBThanachart Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TMBThanachart Bank Public applied against its price change over selected period. The best fit line has a slop of   0.0027  , which may suggest that TMBThanachart Bank Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted TMBThanachart Bank price change compared to its average price change.

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

TMBThanachart Bank November 29, 2024 Technical Indicators

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

TMBThanachart Bank November 29, 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 TMBThanachart 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.

Other Information on Investing in TMBThanachart Stock

TMBThanachart Bank financial ratios help investors to determine whether TMBThanachart 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 TMBThanachart with respect to the benefits of owning TMBThanachart Bank security.