Danang Rubber (Vietnam) Technical Analysis

DRC Stock   29,000  100.00  0.34%   
As of the 15th of December 2024, Danang Rubber shows the Variance of 1.58, standard deviation of 1.26, and Mean Deviation of 0.8679. Danang Rubber JSC 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.

Danang Rubber Momentum Analysis

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

Danang Rubber JSC Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Danang Rubber JSC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Danang Rubber JSC Trend Analysis

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

Danang Rubber Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Danang Rubber JSC applied against its price change over selected period. The best fit line has a slop of   45.39  , which may suggest that Danang Rubber JSC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.790513617E7, which is the sum of squared deviations for the predicted Danang Rubber price change compared to its average price change.

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

Danang Rubber December 15, 2024 Technical Indicators

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

Danang Rubber financial ratios help investors to determine whether Danang 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 Danang with respect to the benefits of owning Danang Rubber security.