Sanan Optoelectronics (China) Technical Analysis

600703 Stock   12.37  0.18  1.43%   
As of the 18th of December 2024, Sanan Optoelectronics has the Coefficient Of Variation of 857.46, semi deviation of 1.92, and Risk Adjusted Performance of 0.092. Sanan Optoelectronics technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sanan Optoelectronics Momentum Analysis

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

Sanan Optoelectronics Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Sanan Optoelectronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sanan Optoelectronics Trend Analysis

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

Sanan Optoelectronics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sanan Optoelectronics Co applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Sanan Optoelectronics Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 51.93, which is the sum of squared deviations for the predicted Sanan Optoelectronics price change compared to its average price change.

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

Sanan Optoelectronics December 18, 2024 Technical Indicators

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

Sanan Optoelectronics December 18, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sanan stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Sanan Stock analysis

When running Sanan Optoelectronics' price analysis, check to measure Sanan Optoelectronics' 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 Sanan Optoelectronics is operating at the current time. Most of Sanan Optoelectronics' value examination focuses on studying past and present price action to predict the probability of Sanan Optoelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanan Optoelectronics' price. Additionally, you may evaluate how the addition of Sanan Optoelectronics to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments