Grand Plastic (Taiwan) Technical Analysis

3131 Stock  TWD 1,045  65.00  5.86%   
As of the 19th of April, Grand Plastic retains the risk adjusted performance of 0.1613, and Market Risk Adjusted Performance of 9.65. Grand Plastic technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Grand Plastic Technology, which can be compared to its competitors. Please check out Grand Plastic Technology semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Grand Plastic is priced fairly, providing market reflects its last-minute price of 1045.0 per share.

Grand Plastic Momentum Analysis

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

Grand Plastic Technology 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 Grand Plastic Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Grand Plastic Technology Trend Analysis

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

Grand Plastic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Grand Plastic Technology applied against its price change over selected period. The best fit line has a slop of   7.86  , which means Grand Plastic Technology will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2335573.94, which is the sum of squared deviations for the predicted Grand Plastic price change compared to its average price change.

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

Grand Plastic April 19, 2024 Technical Indicators

Most technical analysis of Grand 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 Grand from various momentum indicators to cycle indicators. When you analyze Grand 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Grand Plastic Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Grand Stock analysis

When running Grand Plastic's price analysis, check to measure Grand Plastic'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 Grand Plastic is operating at the current time. Most of Grand Plastic's value examination focuses on studying past and present price action to predict the probability of Grand Plastic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grand Plastic's price. Additionally, you may evaluate how the addition of Grand Plastic to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Grand Plastic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grand Plastic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grand Plastic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.