Wah Hong (Taiwan) Technical Analysis

8240 Stock  TWD 35.70  0.45  1.28%   
As of the 25th of April, Wah Hong maintains the Mean Deviation of 0.9244, downside deviation of 1.38, and Market Risk Adjusted Performance of (0.03). Wah Hong Industrial technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Wah Hong Industrial, which can be compared to its peers. Please check out Wah Hong Industrial mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Wah Hong Industrial is priced fairly, providing market reflects its latest price of 35.7 per share.

Wah Hong Momentum Analysis

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

Wah Hong Industrial Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Wah Hong Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wah Hong Industrial Trend Analysis

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

Wah Hong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wah Hong Industrial applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Wah Hong Industrial will continue generating value for investors. It has 122 observation points and a regression sum of squares at 21.96, which is the sum of squared deviations for the predicted Wah Hong price change compared to its average price change.

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

Wah Hong April 25, 2024 Technical Indicators

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

Wah Hong April 25, 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 Wah 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wah Hong Industrial. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Complementary Tools for Wah Stock analysis

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