Addentax Group Corp Stock Pattern Recognition Harami Cross Pattern

ATXG Stock  USD 0.57  0.01  1.79%   
Addentax Group pattern recognition tool provides the execution environment for running the Harami Cross Pattern recognition and other technical functions against Addentax Group. Addentax Group 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 pattern recognition indicators. As with most other technical indicators, the Harami Cross Pattern recognition function is designed to identify and follow existing trends. Addentax Group momentum indicators are usually used to generate trading rules based on assumptions that Addentax Group trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was eleven with a total number of output elements of fifty. The function generated a total of two valid pattern recognition events for the selected time horizon. The Harami Cross pattern describes Addentax Group bullish reversal trend.

Addentax Group Technical Analysis Modules

Most technical analysis of Addentax Group 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 Addentax from various momentum indicators to cycle indicators. When you analyze Addentax 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 Addentax Group 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 Addentax Group Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Addentax Group Corp based on widely used predictive technical indicators. In general, we focus on analyzing Addentax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Addentax Group's daily price indicators and compare them against related drivers, such as pattern recognition 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 Addentax Group's intrinsic value. In addition to deriving basic predictive indicators for Addentax Group, we also check how macroeconomic factors affect Addentax Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover7.9622.8211.237.35
Days Of Inventory On Hand9.1617.085.745.45
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Addentax Group's 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
0.030.576.58
Details
Intrinsic
Valuation
LowRealHigh
0.030.526.53
Details
Naive
Forecast
LowNextHigh
0.010.596.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.540.620.70
Details

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When determining whether Addentax Group Corp is a strong investment it is important to analyze Addentax Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addentax Group's future performance. For an informed investment choice regarding Addentax Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addentax Group Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addentax Group. If investors know Addentax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addentax Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Earnings Share
(0.70)
Revenue Per Share
1.037
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of Addentax Group Corp is measured differently than its book value, which is the value of Addentax that is recorded on the company's balance sheet. Investors also form their own opinion of Addentax Group's value that differs from its market value or its book value, called intrinsic value, which is Addentax Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addentax Group's market value can be influenced by many factors that don't directly affect Addentax Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addentax Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addentax Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addentax Group'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.