Weiqiao Textile Stock Technical Analysis

WQTEF Stock  USD 0.14  0.07  33.33%   
As of the 29th of March, Weiqiao Textile maintains the Mean Deviation of 1.99, market risk adjusted performance of 1.26, and Standard Deviation of 8.28. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weiqiao Textile, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for eleven technical drivers for Weiqiao Textile, which can be compared to its rivals. Please check out Weiqiao Textile variance and skewness to decide if Weiqiao Textile is priced fairly, providing market reflects its latest price of 0.14 per share. As Weiqiao Textile appears to be a penny stock we also urge to confirm its information ratio numbers.

Weiqiao Textile Momentum Analysis

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

Weiqiao Textile Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Weiqiao Textile volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Weiqiao Textile Trend Analysis

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

Weiqiao Textile Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weiqiao Textile applied against its price change over selected period. The best fit line has a slop of   0.0004  , which may suggest that Weiqiao Textile market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Weiqiao Textile price change compared to its average price change.

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

Weiqiao Textile March 29, 2024 Technical Indicators

Most technical analysis of Weiqiao 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 Weiqiao from various momentum indicators to cycle indicators. When you analyze Weiqiao 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weiqiao Textile. 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 Weiqiao Textile information on this page should be used as a complementary analysis to other Weiqiao Textile'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Weiqiao Pink Sheet analysis

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