Formosa Electronic (TW:8171) Momentum Indicators - Macroaxis Technical Analysis

Formosa Electronic (Taiwan) Momentum Indicators Average Directional Movement Index

8171 Stock  TWD 41.80  2.10  4.78%   
Formosa Electronic momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Formosa Electronic. Formosa Electronic value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Formosa Electronic are pattern recognition functions that provide distinct formation on Formosa Electronic potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The average directional index (ADX) measures the strength of a prevailing trend of Formosa Electronic and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Formosa Electronic ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
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JavaScript chart by amCharts 3.21.15Formosa Electronic Volume Formosa Electronic Closing Prices Dow Jones Industrial Closing Prices - Benchmark Formosa Electronic Average Directional Movement Index

Formosa Electronic Technical Analysis Modules

Most technical analysis of Formosa Electronic 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 Formosa from various momentum indicators to cycle indicators. When you analyze Formosa charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Formosa Electronic Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formosa Electronic Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Electronic Industries based on widely used predictive technical indicators. In general, we focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosa Electronic's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Formosa Electronic's intrinsic value. In addition to deriving basic predictive indicators for Formosa Electronic, we also check how macroeconomic factors affect Formosa Electronic price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
38.5741.8045.03
Details
Intrinsic
Valuation
LowRealHigh
30.4033.6345.98
Details
Naive
Forecast
LowNextHigh
41.6044.8348.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.0340.4244.82
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Formosa Electronic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Formosa Electronic's short interest history, or implied volatility extrapolated from Formosa Electronic options trading.

Trending Themes

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Additional Tools for Formosa Stock Analysis

When running Formosa Electronic's price analysis, check to measure Formosa Electronic'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 Formosa Electronic is operating at the current time. Most of Formosa Electronic's value examination focuses on studying past and present price action to predict the probability of Formosa Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Electronic's price. Additionally, you may evaluate how the addition of Formosa Electronic to your portfolios can decrease your overall portfolio volatility.