Weihai Honglin (China) Technical Analysis

301439 Stock   13.69  0.22  1.63%   
As of the 1st of December, Weihai Honglin maintains the Market Risk Adjusted Performance of (1.31), downside deviation of 2.94, and Mean Deviation of 2.05. Weihai Honglin Electronic technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

Weihai Honglin Momentum Analysis

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

Weihai Honglin Electronic Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Weihai Honglin Electronic volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Weihai Honglin Electronic Trend Analysis

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

Weihai Honglin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Weihai Honglin Electronic applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Weihai Honglin Electronic will continue generating value for investors. It has 122 observation points and a regression sum of squares at 139.06, which is the sum of squared deviations for the predicted Weihai Honglin price change compared to its average price change.

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

Weihai Honglin December 1, 2024 Technical Indicators

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

Complementary Tools for Weihai Stock analysis

When running Weihai Honglin's price analysis, check to measure Weihai Honglin'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 Weihai Honglin is operating at the current time. Most of Weihai Honglin's value examination focuses on studying past and present price action to predict the probability of Weihai Honglin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weihai Honglin's price. Additionally, you may evaluate how the addition of Weihai Honglin to your portfolios can decrease your overall portfolio volatility.
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