Unicharm Stock Technical Analysis

UNCHF Stock  USD 25.32  0.40  1.61%   
As of the 11th of December 2024, Unicharm has the Risk Adjusted Performance of (0.08), coefficient of variation of (824.93), and Variance of 18.52. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Unicharm, as well as the relationship between them. Please validate Unicharm variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Unicharm is priced more or less accurately, providing market reflects its prevalent price of 25.32 per share. Given that Unicharm has information ratio of (0.15), we advise you to double-check Unicharm's current market performance to make sure the company can sustain itself at a future point.

Unicharm Momentum Analysis

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

Unicharm Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Unicharm volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Unicharm Trend Analysis

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

Unicharm Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Unicharm applied against its price change over selected period. The best fit line has a slop of   0.22  , which may suggest that Unicharm market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1751.03, which is the sum of squared deviations for the predicted Unicharm price change compared to its average price change.

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

Unicharm December 11, 2024 Technical Indicators

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

Unicharm December 11, 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 Unicharm 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 Unicharm Pink Sheet analysis

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