Jilin Chemical (China) Technical Analysis

000420 Stock   3.81  0.06  1.60%   
As of the 26th of November, Jilin Chemical retains the Downside Deviation of 3.04, market risk adjusted performance of (0.48), and Risk Adjusted Performance of 0.095. Jilin Chemical technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Jilin Chemical Momentum Analysis

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

Jilin Chemical Fibre 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 Jilin Chemical Fibre volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jilin Chemical Fibre Trend Analysis

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

Jilin Chemical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jilin Chemical Fibre applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Jilin Chemical Fibre will continue generating value for investors. It has 122 observation points and a regression sum of squares at 20.07, which is the sum of squared deviations for the predicted Jilin Chemical price change compared to its average price change.

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

Jilin Chemical November 26, 2024 Technical Indicators

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

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