China Longyuan Power Stock Technical Analysis

CLPXY Stock  USD 6.95  0.29  4.35%   
As of the 29th of March, China Longyuan shows the Standard Deviation of 2.76, mean deviation of 2.16, and Risk Adjusted Performance of (0.01). China Longyuan Power technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. 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 have analyzed and interpolated thirteen technical drivers for China Longyuan Power, which can be compared to its rivals. Please confirm China Longyuan Power information ratio, as well as the relationship between the value at risk and kurtosis to decide if China Longyuan Power is priced correctly, providing market reflects its regular price of 6.95 per share. Given that China Longyuan has information ratio of (0.07), we suggest you to validate China Longyuan Power's prevailing market performance to make sure the company can sustain itself at a future point.

China Longyuan 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 Longyuan'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 Longyuan 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 China Longyuan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of China Longyuan 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 Longyuan Power 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 China Longyuan Power volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Longyuan Power Trend Analysis

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

China Longyuan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Longyuan Power applied against its price change over selected period. The best fit line has a slop of   0.01  , which means China Longyuan Power will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.44, which is the sum of squared deviations for the predicted China Longyuan price change compared to its average price change.

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

China Longyuan March 29, 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.

China Longyuan March 29, 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 China 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 China Longyuan Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for China Pink Sheet analysis

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