Shenzhen Zhenye (China) Technical Analysis

000006 Stock   8.02  0.28  3.62%   
As of the 29th of December, Shenzhen Zhenye has the Semi Deviation of 4.35, risk adjusted performance of 0.1598, and Coefficient Of Variation of 527.28. Shenzhen Zhenye technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Shenzhen Zhenye Momentum Analysis

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

Shenzhen Zhenye Group Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Shenzhen Zhenye Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shenzhen Zhenye Group Trend Analysis

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

Shenzhen Zhenye Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shenzhen Zhenye Group applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Shenzhen Zhenye Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.91, which is the sum of squared deviations for the predicted Shenzhen Zhenye price change compared to its average price change.

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

Shenzhen Zhenye December 29, 2024 Technical Indicators

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

Complementary Tools for Shenzhen Stock analysis

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