Dimerco Express (Taiwan) Technical Analysis

5609 Stock  TWD 92.20  0.70  0.77%   
As of the 24th of April, Dimerco Express shows the Downside Deviation of 1.15, coefficient of variation of 788.0, and Mean Deviation of 0.8776. Dimerco Express technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Dimerco Express, which can be compared to its peers. Please confirm Dimerco Express downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Dimerco Express is priced favorably, providing market reflects its regular price of 92.2 per share.

Dimerco Express Momentum Analysis

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

Dimerco Express Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Dimerco Express volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Dimerco Express Trend Analysis

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

Dimerco Express Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dimerco Express applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Dimerco Express will continue generating value for investors. It has 122 observation points and a regression sum of squares at 597.68, which is the sum of squared deviations for the predicted Dimerco Express price change compared to its average price change.

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

Dimerco Express April 24, 2024 Technical Indicators

Most technical analysis of Dimerco 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 Dimerco from various momentum indicators to cycle indicators. When you analyze Dimerco 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 Dimerco Express. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Dimerco Stock analysis

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