Korean Air (Korea) Technical Analysis

003495 Stock   23,000  400.00  1.77%   
As of the 11th of December 2024, Korean Air secures the Mean Deviation of 0.5902, downside deviation of 1.31, and Risk Adjusted Performance of 0.0132. Korean Air Lines technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Korean Air Momentum Analysis

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

Korean Air Lines Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Korean Air Lines volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Korean Air Lines Trend Analysis

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

Korean Air Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Korean Air Lines applied against its price change over selected period. The best fit line has a slop of   21.81  , which means Korean Air Lines will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.798334453E7, which is the sum of squared deviations for the predicted Korean Air price change compared to its average price change.

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

Korean Air December 11, 2024 Technical Indicators

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

Korean Air December 11, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Korean stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Korean Stock analysis

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