Furukawa OTC Stock Technical Analysis

FUWAY -  USA Stock  

USD 10.40  0.60  5.45%

As of the 18th of October 2021, Furukawa Elec shows the mean deviation of 0.8162, and Coefficient Of Variation of (1,148). Furukawa Elec technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 were able to analyze nineteen technical drivers for Furukawa Elec, which can be compared to its rivals. Please confirm Furukawa Elec variance and potential upside to decide if Furukawa Elec is priced favorably, providing market reflects its regular price of 10.4 per share. Given that Furukawa Elec has jensen alpha of (0.21), we urge you to verify Furukawa Elec's prevailing market performance to make sure the company can sustain itself at a future point.

Furukawa Technical Analysis 

 
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Furukawa Elec technical otc 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 Furukawa Elec technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Furukawa Elec 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...

Furukawa Elec Technical Analysis

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The output start index for this execution was sixteen with a total number of output elements of fourty-five. 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 Furukawa Elec volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Furukawa Elec Trend Analysis

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

Furukawa Elec Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Furukawa Elec applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may suggest that Furukawa Elec market price will keep on failing further. It has 122 observation points and a regression sum of squares at 40.89, which is the sum of squared deviations for the predicted Furukawa Elec price change compared to its average price change.

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

Furukawa Elec October 18, 2021 Technical Indicators

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

Furukawa Elec October 18, 2021 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 Furukawa 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.
Please check Investing Opportunities. Note that the Furukawa Elec information on this page should be used as a complementary analysis to other Furukawa Elec's 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Furukawa Elec price analysis, check to measure Furukawa Elec'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 Furukawa Elec is operating at the current time. Most of Furukawa Elec's value examination focuses on studying past and present price action to predict the probability of Furukawa Elec's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Furukawa Elec's price. Additionally, you may evaluate how the addition of Furukawa Elec to your portfolios can decrease your overall portfolio volatility.
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The market value of Furukawa Elec is measured differently than its book value, which is the value of Furukawa that is recorded on the company's balance sheet. Investors also form their own opinion of Furukawa Elec's value that differs from its market value or its book value, called intrinsic value, which is Furukawa Elec's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Furukawa Elec's market value can be influenced by many factors that don't directly affect Furukawa Elec underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Furukawa Elec's value and its price as these two are different measures arrived at by different means. Investors typically determine Furukawa Elec value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Furukawa Elec'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.