Double Medical (China) Momentum Indicators Average Directional Movement Index Rating

002901 Stock   32.54  0.06  0.18%   
Double Medical momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Double Medical. Double Medical 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 Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Double Medical are pattern recognition functions that provide distinct formation on Double Medical 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 seven with a total number of output elements of fifty-four. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Double Medical Technology is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Double Medical ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Double Medical Technical Analysis Modules

Most technical analysis of Double Medical 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 Double from various momentum indicators to cycle indicators. When you analyze Double 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 Double Medical 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 Double Medical Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Double Medical Technology based on widely used predictive technical indicators. In general, we focus on analyzing Double Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Double Medical'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 Double Medical's intrinsic value. In addition to deriving basic predictive indicators for Double Medical, we also check how macroeconomic factors affect Double Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
30.0933.0636.03
Details
Intrinsic
Valuation
LowRealHigh
23.2326.2035.79
Details
Naive
Forecast
LowNextHigh
29.4332.4035.37
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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 Double Medical 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, Double Medical's short interest history, or implied volatility extrapolated from Double Medical options trading.

Trending Themes

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Other Information on Investing in Double Stock

Double Medical financial ratios help investors to determine whether Double Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Double with respect to the benefits of owning Double Medical security.