China Southern Airlines Stock Technical Analysis

ZNHDelisted Stock  USD 36.97  0.28  0.75%   
As of the 25th of April, China Southern shows the Mean Deviation of 1.6, downside deviation of 1.81, and Risk Adjusted Performance of 0.1414. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of China Southern, as well as the relationship between them. 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 interpolate nineteen technical drivers for China Southern Airlines, which can be compared to its peers. Please confirm China Southern Airlines standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if China Southern Airlines is priced correctly, providing market reflects its regular price of 36.97 per share. Given that China Southern has jensen alpha of 0.4396, we suggest you to validate China Southern Airlines's prevailing market performance to make sure the company can sustain itself at a future point.

China Southern 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 Southern'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 Southern 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, delisted stock market cycles, or different charting patterns.
A focus of China Southern technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Southern 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 Southern Airlines Technical Analysis

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China Southern Airlines Trend Analysis

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

China Southern Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Southern Airlines applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that China Southern Airlines will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 41.67, which is the sum of squared deviations for the predicted China Southern price change compared to its average price change.

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

China Southern April 25, 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 Your Current Watchlist to better understand how to build diversified portfolios. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Consideration for investing in China Stock

If you are still planning to invest in China Southern Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Southern's history and understand the potential risks before investing.
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