Eyebright Medical (China) Technical Analysis

688050 Stock   92.51  3.99  4.51%   
As of the 25th of December, Eyebright Medical shows the Mean Deviation of 3.2, downside deviation of 3.38, and Coefficient Of Variation of 1493.55. Eyebright Medical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Eyebright Medical Momentum Analysis

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

Eyebright Medical Technical Analysis

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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 Eyebright Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eyebright Medical Trend Analysis

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

Eyebright Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eyebright Medical Technology applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Eyebright Medical Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.97, which is the sum of squared deviations for the predicted Eyebright Medical price change compared to its average price change.

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

Eyebright Medical December 25, 2024 Technical Indicators

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

Eyebright Medical December 25, 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 Eyebright 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 Eyebright Stock analysis

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