GMI Technology (Taiwan) Technical Analysis
| 3312 Stock | TWD 58.60 0.10 0.17% |
As of the 3rd of December, GMI Technology retains the Risk Adjusted Performance of (0.16), market risk adjusted performance of (1.43), and Coefficient Of Variation of (446.75). GMI Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out GMI Technology mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if GMI Technology is priced fairly, providing market reflects its last-minute price of 58.6 per share.
GMI Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as GMI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GMIGMI |
GMI Technology 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.
GMI Technology Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 GMI Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
GMI Technology Trend Analysis
Use this graph to draw trend lines for GMI Technology. You can use it to identify possible trend reversals for GMI Technology 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 GMI Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.GMI Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for GMI Technology applied against its price change over selected period. The best fit line has a slop of 0.28 , which may suggest that GMI Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3038.56, which is the sum of squared deviations for the predicted GMI Technology price change compared to its average price change.About GMI Technology 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 GMI Technology 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 GMI Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on GMI Technology price pattern first instead of the macroeconomic environment surrounding GMI Technology. By analyzing GMI Technology'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 GMI Technology'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 GMI Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
GMI Technology December 3, 2024 Technical Indicators
Most technical analysis of GMI 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 GMI from various momentum indicators to cycle indicators. When you analyze GMI 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (1.43) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (446.75) | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.28 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (1.44) | |||
| Maximum Drawdown | 11.72 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 6.46 | |||
| Skewness | 0.9353 | |||
| Kurtosis | 2.17 |
Additional Tools for GMI Stock Analysis
When running GMI Technology's price analysis, check to measure GMI Technology'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 GMI Technology is operating at the current time. Most of GMI Technology's value examination focuses on studying past and present price action to predict the probability of GMI Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GMI Technology's price. Additionally, you may evaluate how the addition of GMI Technology to your portfolios can decrease your overall portfolio volatility.