Trinity Precision (Taiwan) Technical Analysis

4534 Stock  TWD 12.10  0.35  2.81%   
As of the 23rd of May, Trinity Precision has the Risk Adjusted Performance of 0.0504, semi deviation of 2.68, and Coefficient Of Variation of 1368.35. Trinity Precision technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Trinity Precision Technology, which can be compared to its competition. Please validate Trinity Precision mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Trinity Precision is priced more or less accurately, providing market reflects its prevalent price of 12.1 per share.

Trinity Precision Momentum Analysis

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

Trinity Precision 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 Trinity Precision volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Trinity Precision Trend Analysis

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

Trinity Precision Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trinity Precision Technology applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Trinity Precision Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.98, which is the sum of squared deviations for the predicted Trinity Precision price change compared to its average price change.

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

Trinity Precision May 23, 2024 Technical Indicators

Most technical analysis of Trinity 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 Trinity from various momentum indicators to cycle indicators. When you analyze Trinity 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 Trinity Precision Technology. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for Trinity Stock analysis

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