Business Online (Thailand) Technical Analysis

BOL Stock  THB 5.45  0.15  2.68%   
As of the 10th of December, Business Online shows the Mean Deviation of 1.54, risk adjusted performance of (0.08), and Standard Deviation of 2.1. Business Online PCL technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Business Online Momentum Analysis

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

Business Online PCL Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Business Online PCL volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Business Online PCL Trend Analysis

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

Business Online Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Business Online PCL applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Business Online PCL market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.51, which is the sum of squared deviations for the predicted Business Online price change compared to its average price change.

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

Business Online December 10, 2024 Technical Indicators

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

Other Information on Investing in Business Stock

Business Online financial ratios help investors to determine whether Business Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Business with respect to the benefits of owning Business Online security.