Daejung Chemicals (Korea) Momentum Indicators Average Directional Movement Index

120240 Stock  KRW 16,510  90.00  0.54%   
Daejung Chemicals momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Daejung Chemicals. Daejung Chemicals value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Daejung Chemicals are pattern recognition functions that provide distinct formation on Daejung Chemicals potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The average directional index (ADX) measures the strength of a prevailing trend of Daejung Chemicals Metals and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Daejung Chemicals ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Daejung Chemicals Technical Analysis Modules

Most technical analysis of Daejung Chemicals 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 Daejung from various momentum indicators to cycle indicators. When you analyze Daejung charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Daejung Chemicals Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daejung Chemicals Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Daejung Chemicals Metals based on widely used predictive technical indicators. In general, we focus on analyzing Daejung Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Daejung Chemicals's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Daejung Chemicals's intrinsic value. In addition to deriving basic predictive indicators for Daejung Chemicals, we also check how macroeconomic factors affect Daejung Chemicals price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Daejung Chemicals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
16,59916,60016,601
Details
Intrinsic
Valuation
LowRealHigh
12,94712,94818,260
Details
Naive
Forecast
LowNextHigh
16,61516,61616,617
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16,21216,67017,128
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Daejung Chemicals. Your research has to be compared to or analyzed against Daejung Chemicals' peers to derive any actionable benefits. When done correctly, Daejung Chemicals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Daejung Chemicals Metals.

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Other Information on Investing in Daejung Stock

Daejung Chemicals financial ratios help investors to determine whether Daejung 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 Daejung with respect to the benefits of owning Daejung Chemicals security.