Taiwan Hon (Taiwan) Technical Analysis

9939 Stock  TWD 125.00  2.00  0.68%   
As of the 28th of March, Taiwan Hon has the Semi Deviation of 0.9457, coefficient of variation of 520.35, and Risk Adjusted Performance of 0.1131. Taiwan Hon 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 Taiwan Hon Chuan, which can be compared to its competition. Please validate Taiwan Hon Chuan coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Taiwan Hon is priced more or less accurately, providing market reflects its prevalent price of 146.0 per share.

Taiwan Hon Momentum Analysis

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

Taiwan Hon Chuan 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 Taiwan Hon Chuan volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Taiwan Hon Chuan Trend Analysis

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

Taiwan Hon Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Taiwan Hon Chuan applied against its price change over selected period. The best fit line has a slop of   0.48  , which means Taiwan Hon Chuan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8619.33, which is the sum of squared deviations for the predicted Taiwan Hon price change compared to its average price change.

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

Taiwan Hon March 28, 2024 Technical Indicators

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

Taiwan Hon March 28, 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 Taiwan 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 Taiwan Hon Chuan. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Taiwan Stock analysis

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