Wellell (Taiwan) Technical Analysis
| 4106 Stock | TWD 24.40 0.05 0.21% |
As of the 1st of December, Wellell maintains the Standard Deviation of 0.6873, mean deviation of 0.5418, and Market Risk Adjusted Performance of 1.64. Wellell 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. Please check out Wellell variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Wellell is priced fairly, providing market reflects its latest price of 24.4 per share.
Wellell Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wellell, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WellellWellell |
Wellell 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.
Wellell Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Wellell volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wellell Trend Analysis
Use this graph to draw trend lines for Wellell. You can use it to identify possible trend reversals for Wellell 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 Wellell price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wellell Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wellell applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Wellell market price will keep on failing further. It has 122 observation points and a regression sum of squares at 20.99, which is the sum of squared deviations for the predicted Wellell price change compared to its average price change.About Wellell 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 Wellell 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 Wellell based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wellell price pattern first instead of the macroeconomic environment surrounding Wellell. By analyzing Wellell'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 Wellell'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 Wellell specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wellell December 1, 2024 Technical Indicators
Most technical analysis of Wellell 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 Wellell from various momentum indicators to cycle indicators. When you analyze Wellell 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 | (0.11) | |||
| Market Risk Adjusted Performance | 1.64 | |||
| Mean Deviation | 0.5418 | |||
| Coefficient Of Variation | (689.54) | |||
| Standard Deviation | 0.6873 | |||
| Variance | 0.4723 | |||
| Information Ratio | (0.35) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 1.63 | |||
| Maximum Drawdown | 3.17 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 0.7937 | |||
| Skewness | 0.1981 | |||
| Kurtosis | 0.095 |
Additional Tools for Wellell Stock Analysis
When running Wellell's price analysis, check to measure Wellell'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 Wellell is operating at the current time. Most of Wellell's value examination focuses on studying past and present price action to predict the probability of Wellell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellell's price. Additionally, you may evaluate how the addition of Wellell to your portfolios can decrease your overall portfolio volatility.