Tekcore (Taiwan) Technical Analysis

3339 Stock  TWD 37.10  0.10  0.27%   
As of the 24th of April, Tekcore has the Coefficient Of Variation of 325.69, risk adjusted performance of 0.1974, and Semi Deviation of 1.61. Tekcore 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 Tekcore Co, which can be compared to its competition. Please validate Tekcore coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Tekcore is priced more or less accurately, providing market reflects its prevalent price of 37.1 per share.

Tekcore Momentum Analysis

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

Tekcore Technical Analysis

Indicator
Time Period
Execute Indicator
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 Tekcore volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tekcore Trend Analysis

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

Tekcore Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tekcore Co applied against its price change over selected period. The best fit line has a slop of   0.29  , which means Tekcore Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3215.67, which is the sum of squared deviations for the predicted Tekcore price change compared to its average price change.

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

Tekcore April 24, 2024 Technical Indicators

Most technical analysis of Tekcore 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 Tekcore from various momentum indicators to cycle indicators. When you analyze Tekcore 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.

Tekcore April 24, 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 Tekcore 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 Tekcore Co. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Tekcore Stock analysis

When running Tekcore's price analysis, check to measure Tekcore'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 Tekcore is operating at the current time. Most of Tekcore's value examination focuses on studying past and present price action to predict the probability of Tekcore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tekcore's price. Additionally, you may evaluate how the addition of Tekcore to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Please note, there is a significant difference between Tekcore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tekcore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tekcore'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.