DB HiTek (Korea) Technical Analysis

000990 Stock   33,550  450.00  1.36%   
As of the 12th of December 2024, DB HiTek owns the Information Ratio of (0.11), standard deviation of 3.19, and Market Risk Adjusted Performance of 0.9144. DB HiTek Co technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices.

DB HiTek Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 000990, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 000990
  
DB HiTek'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.
DB HiTek 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 DB HiTek technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of DB HiTek 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...

DB HiTek Technical Analysis

Indicator
Time Period
Execute Indicator
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 DB HiTek volatility. High ATR values indicate high volatility, and low values indicate low volatility.

DB HiTek Trend Analysis

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

DB HiTek Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DB HiTek Co applied against its price change over selected period. The best fit line has a slop of   155.98  , which may suggest that DB HiTek Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.2013169778E8, which is the sum of squared deviations for the predicted DB HiTek price change compared to its average price change.

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

DB HiTek December 12, 2024 Technical Indicators

Most technical analysis of 000990 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 000990 from various momentum indicators to cycle indicators. When you analyze 000990 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.

DB HiTek December 12, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as 000990 stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for 000990 Stock analysis

When running DB HiTek's price analysis, check to measure DB HiTek'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 DB HiTek is operating at the current time. Most of DB HiTek's value examination focuses on studying past and present price action to predict the probability of DB HiTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DB HiTek's price. Additionally, you may evaluate how the addition of DB HiTek to your portfolios can decrease your overall portfolio volatility.
Bonds Directory
Find actively traded corporate debentures issued by US companies
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope