Leofoo Development (Taiwan) Technical Analysis

2705 Stock  TWD 17.30  0.05  0.29%   
As of the 2nd of December, Leofoo Development secures the Standard Deviation of 0.7768, risk adjusted performance of (0.07), and Mean Deviation of 0.5874. Leofoo Development Co 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. Please verify Leofoo Development standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Leofoo Development Co is priced some-what accurately, providing market reflects its recent price of 17.3 per share.

Leofoo Development Momentum Analysis

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

Leofoo Development 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 Leofoo Development volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Leofoo Development Trend Analysis

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

Leofoo Development Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Leofoo Development Co applied against its price change over selected period. The best fit line has a slop of   0.0087  , which may suggest that Leofoo Development Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.85, which is the sum of squared deviations for the predicted Leofoo Development price change compared to its average price change.

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

Leofoo Development December 2, 2024 Technical Indicators

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

Additional Tools for Leofoo Stock Analysis

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