United Overseas Bank Stock Technical Analysis

UOVEY Stock  USD 43.40  0.60  1.40%   
As of the 19th of April, United Overseas has the Semi Deviation of 0.8025, risk adjusted performance of 0.0267, and Coefficient Of Variation of 2585.31. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Overseas Bank, as well as the relationship between them. 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 analyze and collect data for nineteen technical drivers for United Overseas Bank, which can be compared to its competition. Please validate United Overseas Bank coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if United Overseas is priced more or less accurately, providing market reflects its prevalent price of 43.4 per share. Given that United Overseas Bank has jensen alpha of 0.0197, we advise you to double-check United Overseas Bank's current market performance to make sure the company can sustain itself at a future point.

United Overseas Momentum Analysis

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

United Overseas Bank 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 United Overseas Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

United Overseas Bank Trend Analysis

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

United Overseas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for United Overseas Bank applied against its price change over selected period. The best fit line has a slop of   0.03  , which means United Overseas Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.0, which is the sum of squared deviations for the predicted United Overseas price change compared to its average price change.

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

United Overseas April 19, 2024 Technical Indicators

Most technical analysis of United 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 United from various momentum indicators to cycle indicators. When you analyze United 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 World Market Map to better understand how to build diversified portfolios, which includes a position in United Overseas 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 income.
Note that the United Overseas Bank information on this page should be used as a complementary analysis to other United Overseas' 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for United Pink Sheet analysis

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