Everlight Chemical (Taiwan) Technical Analysis
| 1711 Stock | TWD 22.55 0.10 0.45% |
As of the 2nd of December, Everlight Chemical shows the Mean Deviation of 1.91, variance of 7.3, and Standard Deviation of 2.7. Everlight Chemical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Everlight Chemical coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Everlight Chemical is priced favorably, providing market reflects its regular price of 22.55 per share.
Everlight Chemical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Everlight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EverlightEverlight |
Everlight Chemical 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.
Everlight Chemical Technical Analysis
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 Everlight Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Everlight Chemical Trend Analysis
Use this graph to draw trend lines for Everlight Chemical Industrial. You can use it to identify possible trend reversals for Everlight Chemical 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 Everlight Chemical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Everlight Chemical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Everlight Chemical Industrial applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Everlight Chemical Industrial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 152.47, which is the sum of squared deviations for the predicted Everlight Chemical price change compared to its average price change.About Everlight Chemical 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 Everlight Chemical Industrial 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 Everlight Chemical Industrial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Everlight Chemical price pattern first instead of the macroeconomic environment surrounding Everlight Chemical. By analyzing Everlight Chemical'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 Everlight Chemical'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 Everlight Chemical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Everlight Chemical December 2, 2024 Technical Indicators
Most technical analysis of Everlight 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 Everlight from various momentum indicators to cycle indicators. When you analyze Everlight 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (2,897) | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.3 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 17.2 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.78 | |||
| Skewness | 0.9834 | |||
| Kurtosis | 3.1 |
Additional Tools for Everlight Stock Analysis
When running Everlight Chemical's price analysis, check to measure Everlight Chemical'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 Everlight Chemical is operating at the current time. Most of Everlight Chemical's value examination focuses on studying past and present price action to predict the probability of Everlight Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everlight Chemical's price. Additionally, you may evaluate how the addition of Everlight Chemical to your portfolios can decrease your overall portfolio volatility.