RangDong Plastic (Vietnam) Technical Analysis

RDP Stock   1,310  20.00  1.55%   
As of the 12th of December 2024, RangDong Plastic holds the Risk Adjusted Performance of (0.22), variance of 8.67, and Coefficient Of Variation of (314.13). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RangDong Plastic, as well as the relationship between them.

RangDong Plastic Momentum Analysis

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

RangDong Plastic JSC Technical Analysis

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RangDong Plastic JSC Trend Analysis

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

RangDong Plastic Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RangDong Plastic JSC applied against its price change over selected period. The best fit line has a slop of   18.29  , which may suggest that RangDong Plastic JSC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.265214774E7, which is the sum of squared deviations for the predicted RangDong Plastic price change compared to its average price change.

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

RangDong Plastic December 12, 2024 Technical Indicators

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

RangDong Plastic financial ratios help investors to determine whether RangDong 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 RangDong with respect to the benefits of owning RangDong Plastic security.