Mahachai Hospital (Thailand) Technical Analysis

M-CHAI Stock  THB 28.50  0.25  0.87%   
As of the 3rd of December, Mahachai Hospital secures the Risk Adjusted Performance of (0.03), standard deviation of 1.66, and Mean Deviation of 1.01. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mahachai Hospital Public, as well as the relationship between them.

Mahachai Hospital Momentum Analysis

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

Mahachai Hospital Public Technical Analysis

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The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Mahachai Hospital Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mahachai Hospital Public Trend Analysis

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

Mahachai Hospital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mahachai Hospital Public applied against its price change over selected period. The best fit line has a slop of   0.08  , which may suggest that Mahachai Hospital Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 259.87, which is the sum of squared deviations for the predicted Mahachai Hospital price change compared to its average price change.

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

Mahachai Hospital December 3, 2024 Technical Indicators

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

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