China Resources Gas Stock Technical Analysis

CGASY Stock  USD 27.27  0.00  0.00%   
China Resources Gas technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 are able to interpolate and collect zero technical drivers for China Resources Gas, which can be compared to its peers.

China Resources Momentum Analysis

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

China Resources Gas Technical Analysis

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The function did not generate any output. Please change time horizon or modify your input parameters. 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 China Resources Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Resources Gas Trend Analysis

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

China Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Resources Gas applied against its price change over selected period. The best fit line has a slop of   0.00  , . It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted China Resources price change compared to its average price change.

About China Resources 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 China Resources Gas 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 China Resources Gas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on China Resources Gas price pattern first instead of the macroeconomic environment surrounding China Resources Gas. By analyzing China Resources'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 China Resources'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 China Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Resources Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for China Pink Sheet analysis

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