China Gas Holdings Stock Technical Analysis

CGHLY Stock  USD 22.22  0.09  0.41%   
As of the 23rd of April, China Gas shows the Risk Adjusted Performance of 0.0152, downside deviation of 5.44, and Mean Deviation of 1.08. China Gas Holdings 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 were able to break down and interpolate nineteen technical drivers for China Gas Holdings, which can be compared to its peers. Please confirm China Gas Holdings semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if China Gas Holdings is priced correctly, providing market reflects its regular price of 22.22 per share. Given that China Gas has jensen alpha of (0.04), we suggest you to validate China Gas Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

China Gas 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 Gas' 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 Gas 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 Gas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Gas 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 Gas Holdings 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 China Gas Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Gas Holdings Trend Analysis

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

China Gas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Gas Holdings applied against its price change over selected period. The best fit line has a slop of   0.01  , which means China Gas Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.02, which is the sum of squared deviations for the predicted China Gas price change compared to its average price change.

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

China Gas April 23, 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.

China Gas April 23, 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 China 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 China Gas Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for China Pink Sheet analysis

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