Tian Ruixiang Holdings Stock Technical Analysis

TIRX Stock  USD 0.69  0.06  8.00%   
As of the 23rd of April, Tian Ruixiang has the Semi Deviation of 5.66, risk adjusted performance of 0.0616, and Coefficient Of Variation of 1181.98. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tian Ruixiang Holdings, as well as the relationship between them. 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 data for nineteen technical drivers for Tian Ruixiang Holdings, which can be compared to its competition. Please validate Tian Ruixiang Holdings mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Tian Ruixiang is priced more or less accurately, providing market reflects its prevalent price of 0.69 per share. As Tian Ruixiang Holdings is a penny stock we also advise to double-check its total risk alpha numbers.

Tian Ruixiang Momentum Analysis

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

Tian Ruixiang Holdings 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 Tian Ruixiang Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tian Ruixiang Holdings Trend Analysis

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

Tian Ruixiang Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tian Ruixiang Holdings applied against its price change over selected period. The best fit line has a slop of   0.0011  , which may suggest that Tian Ruixiang Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Tian Ruixiang price change compared to its average price change.

About Tian Ruixiang 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 Tian Ruixiang Holdings 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 Tian Ruixiang Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tian Ruixiang Holdings price pattern first instead of the macroeconomic environment surrounding Tian Ruixiang Holdings. By analyzing Tian Ruixiang'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 Tian Ruixiang'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 Tian Ruixiang specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2023 2024 (projected)
Days Sales Outstanding50.742.1K1.9K2.0K
PTB Ratio0.09280.02250.02580.0245

Tian Ruixiang April 23, 2024 Technical Indicators

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

Tian Ruixiang April 23, 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 Tian 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.
When determining whether Tian Ruixiang Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tian Ruixiang's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tian Ruixiang Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tian Ruixiang Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tian Ruixiang Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Tian Stock analysis

When running Tian Ruixiang's price analysis, check to measure Tian Ruixiang'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 Tian Ruixiang is operating at the current time. Most of Tian Ruixiang's value examination focuses on studying past and present price action to predict the probability of Tian Ruixiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tian Ruixiang's price. Additionally, you may evaluate how the addition of Tian Ruixiang to your portfolios can decrease your overall portfolio volatility.
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Is Tian Ruixiang's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tian Ruixiang. If investors know Tian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tian Ruixiang listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.89)
Revenue Per Share
0.397
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.05)
Return On Equity
(0.07)
The market value of Tian Ruixiang Holdings is measured differently than its book value, which is the value of Tian that is recorded on the company's balance sheet. Investors also form their own opinion of Tian Ruixiang's value that differs from its market value or its book value, called intrinsic value, which is Tian Ruixiang'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 Tian Ruixiang's market value can be influenced by many factors that don't directly affect Tian Ruixiang's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tian Ruixiang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tian Ruixiang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tian Ruixiang'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.