Tungray Technologies Class Stock Pattern Recognition Inverted Hammer
| TRSG Stock | 2.80 0.24 7.89% |
| Symbol |
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 Inverted Hammer pattern indicates that the buyers drove prices of Tungray Technologies up, at some point during the period, but encountered selling pressure which drove prices back down to close near to where they opened.
Tungray Technologies Technical Analysis Modules
Most technical analysis of Tungray Technologies 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 Tungray from various momentum indicators to cycle indicators. When you analyze Tungray 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Tungray Technologies 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 Tungray Technologies Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tungray Technologies Class based on widely used predictive technical indicators. In general, we focus on analyzing Tungray Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tungray Technologies'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 Tungray Technologies's intrinsic value. In addition to deriving basic predictive indicators for Tungray Technologies, we also check how macroeconomic factors affect Tungray Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Dividend Yield | 0.0213 | 0.0159 | Price To Sales Ratio | 4.18 | 6.62 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tungray Technologies' 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tungray Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tungray Technologies' short interest history, or implied volatility extrapolated from Tungray Technologies options trading.
Trending Themes
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tungray Technologies Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electronic Equipment, Instruments & Components 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 Tungray Technologies. If investors know Tungray 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 Tungray Technologies 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 (0.48) | Earnings Share 0.07 | Revenue Per Share 0.958 | Quarterly Revenue Growth 0.147 | Return On Assets 0.0267 |
The market value of Tungray Technologies is measured differently than its book value, which is the value of Tungray that is recorded on the company's balance sheet. Investors also form their own opinion of Tungray Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tungray Technologies' 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 Tungray Technologies' market value can be influenced by many factors that don't directly affect Tungray Technologies' 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 Tungray Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tungray Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tungray Technologies' 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.