Wangneng Environment (China) Technical Analysis

002034 Stock   15.66  0.30  1.88%   
As of the 15th of December 2024, Wangneng Environment maintains the Downside Deviation of 2.1, market risk adjusted performance of (2.88), and Mean Deviation of 1.47. Wangneng Environment technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

Wangneng Environment Momentum Analysis

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

Wangneng Environment 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 Wangneng Environment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wangneng Environment Trend Analysis

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

Wangneng Environment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wangneng Environment Co applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Wangneng Environment Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 44.48, which is the sum of squared deviations for the predicted Wangneng Environment price change compared to its average price change.

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

Wangneng Environment December 15, 2024 Technical Indicators

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

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