Wafer Works (Taiwan) Momentum Indicators Average Directional Movement Index

6182 Stock  TWD 29.90  0.35  1.16%   
Wafer Works momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Wafer Works. Wafer Works 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 Wafer Works are pattern recognition functions that provide distinct formation on Wafer Works 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 five with a total number of output elements of fifty-six. The average directional index (ADX) measures the strength of a prevailing trend of Wafer Works and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Wafer Works 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

Wafer Works Technical Analysis Modules

Most technical analysis of Wafer Works 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 Wafer from various momentum indicators to cycle indicators. When you analyze Wafer 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 Wafer Works 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 Wafer Works. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wafer Works based on widely used predictive technical indicators. In general, we focus on analyzing Wafer Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wafer Works'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 Wafer Works's intrinsic value. In addition to deriving basic predictive indicators for Wafer Works, we also check how macroeconomic factors affect Wafer Works price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
28.6130.2531.89
Details
Intrinsic
Valuation
LowRealHigh
29.5631.2032.84
Details
Naive
Forecast
LowNextHigh
26.9628.6030.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.9030.1830.46
Details

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Additional Tools for Wafer Stock Analysis

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