China Construction Bank Stock Technical Analysis

CICHF Stock  USD 0.64  0.01  1.54%   
As of the 18th of April 2024, China Construction shows the Downside Deviation of 4.08, mean deviation of 1.67, and Risk Adjusted Performance of 0.0699. China Construction Bank 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 have analyze and collected data for nineteen technical drivers for China Construction Bank, which can be compared to its peers. Please confirm China Construction Bank standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if China Construction Bank is priced correctly, providing market reflects its regular price of 0.64 per share. As China Construction Bank is a penny stock we also strongly suggest to validate its total risk alpha numbers.

China Construction 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 Construction'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.
China Construction 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 Construction technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Construction 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 Construction Bank Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Construction Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Construction Bank Trend Analysis

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

China Construction Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Construction Bank applied against its price change over selected period. The best fit line has a slop of    , which means China Construction Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted China Construction price change compared to its average price change.

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

China Construction April 18, 2024 Technical Indicators

Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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 China Construction Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the China Construction Bank information on this page should be used as a complementary analysis to other China Construction's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for China Pink Sheet analysis

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