Hengli Petrochemical (China) Technical Analysis

600346 Stock   15.19  0.06  0.39%   
As of the 23rd of December, Hengli Petrochemical retains the Market Risk Adjusted Performance of (14.70), downside deviation of 1.97, and Risk Adjusted Performance of 0.1218. Hengli Petrochemical 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.

Hengli Petrochemical Momentum Analysis

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

Hengli Petrochemical Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Hengli Petrochemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hengli Petrochemical Trend Analysis

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

Hengli Petrochemical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hengli Petrochemical Co applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Hengli Petrochemical Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.93, which is the sum of squared deviations for the predicted Hengli Petrochemical price change compared to its average price change.

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

Hengli Petrochemical December 23, 2024 Technical Indicators

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

Complementary Tools for Hengli Stock analysis

When running Hengli Petrochemical's price analysis, check to measure Hengli Petrochemical'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 Hengli Petrochemical is operating at the current time. Most of Hengli Petrochemical's value examination focuses on studying past and present price action to predict the probability of Hengli Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hengli Petrochemical's price. Additionally, you may evaluate how the addition of Hengli Petrochemical to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Commodity Directory
Find actively traded commodities issued by global exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities