Shandong Mining (China) Momentum Indicators Average Directional Movement Index

002526 Stock   2.68  0.12  4.29%   
Shandong Mining momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Shandong Mining. Shandong Mining 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 Shandong Mining are pattern recognition functions that provide distinct formation on Shandong Mining 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-three with a total number of output elements of thirty-eight. The average directional index (ADX) measures the strength of a prevailing trend of Shandong Mining Machinery and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Shandong Mining 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

Shandong Mining Technical Analysis Modules

Most technical analysis of Shandong Mining 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 Shandong from various momentum indicators to cycle indicators. When you analyze Shandong 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 Shandong Mining 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 Shandong Mining Machinery. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shandong Mining Machinery based on widely used predictive technical indicators. In general, we focus on analyzing Shandong Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shandong Mining'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 Shandong Mining's intrinsic value. In addition to deriving basic predictive indicators for Shandong Mining, we also check how macroeconomic factors affect Shandong Mining price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.132.695.87
Details
Intrinsic
Valuation
LowRealHigh
0.112.215.39
Details
Naive
Forecast
LowNextHigh
0.052.555.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.612.722.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Shandong Mining. Your research has to be compared to or analyzed against Shandong Mining's peers to derive any actionable benefits. When done correctly, Shandong Mining's 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 Shandong Mining Machinery.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Other Information on Investing in Shandong Stock

Shandong Mining financial ratios help investors to determine whether Shandong 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 Shandong with respect to the benefits of owning Shandong Mining security.