China Eastern Airlines Stock Technical Analysis

CEADelisted Stock  USD 19.98  0.00  0.00%   
As of the 29th of March, China Eastern shows the Standard Deviation of 2.13, mean deviation of 1.56, and Risk Adjusted Performance of (0). China Eastern Airlines 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for China Eastern Airlines, which can be compared to its rivals. Please confirm China Eastern Airlines treynor ratio, and the relationship between the variance and value at risk to decide if China Eastern Airlines is priced correctly, providing market reflects its regular price of 19.98 per share. Given that China Eastern has information ratio of (0.08), we suggest you to validate China Eastern Airlines's prevailing market performance to make sure the company can sustain itself at a future point.

China Eastern Momentum Analysis

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

China Eastern Airlines Technical Analysis

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China Eastern Airlines Trend Analysis

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

China Eastern Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Eastern Airlines applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in China Eastern Airlines will continue to fail. It has 122 observation points and a regression sum of squares at 8.9, which is the sum of squared deviations for the predicted China Eastern price change compared to its average price change.

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

China Eastern March 29, 2024 Technical Indicators

Most technical analysis of China 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 China from various momentum indicators to cycle indicators. When you analyze China 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.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in China Stock

If you are still planning to invest in China Eastern Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Eastern's history and understand the potential risks before investing.
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