Speed Tech (Taiwan) Technical Analysis

5457 Stock  TWD 60.60  1.10  1.78%   
As of the 28th of March, Speed Tech has the Coefficient Of Variation of 1119.86, semi deviation of 1.91, and Risk Adjusted Performance of 0.0573. Speed Tech technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Speed Tech, which can be compared to its competition. Please validate Speed Tech semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Speed Tech is priced more or less accurately, providing market reflects its prevalent price of 60.6 per share.

Speed Tech Momentum Analysis

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

Speed Tech Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Speed Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Speed Tech Trend Analysis

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

Speed Tech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Speed Tech applied against its price change over selected period. The best fit line has a slop of   0.16  , which means Speed Tech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 945.61, which is the sum of squared deviations for the predicted Speed Tech price change compared to its average price change.

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

Speed Tech March 28, 2024 Technical Indicators

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

Speed Tech March 28, 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 Speed 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Speed Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Speed Stock analysis

When running Speed Tech's price analysis, check to measure Speed Tech'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 Speed Tech is operating at the current time. Most of Speed Tech's value examination focuses on studying past and present price action to predict the probability of Speed Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Speed Tech's price. Additionally, you may evaluate how the addition of Speed Tech to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Speed Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Speed Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Speed Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.