Shaanxi Meineng (China) Technical Analysis

001299 Stock   13.82  0.19  1.36%   
As of the 2nd of December, Shaanxi Meineng has the Coefficient Of Variation of 768.74, semi deviation of 2.15, and Risk Adjusted Performance of 0.1065. Shaanxi Meineng 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.

Shaanxi Meineng Momentum Analysis

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

Shaanxi Meineng Clean Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Shaanxi Meineng Clean volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shaanxi Meineng Clean Trend Analysis

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

Shaanxi Meineng Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shaanxi Meineng Clean applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Shaanxi Meineng Clean will continue generating value for investors. It has 122 observation points and a regression sum of squares at 122.97, which is the sum of squared deviations for the predicted Shaanxi Meineng price change compared to its average price change.

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

Shaanxi Meineng December 2, 2024 Technical Indicators

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

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