SH Energy (Korea) Technical Analysis

002360 Stock   545.00  6.00  1.09%   
As of the 23rd of November, SH Energy owns the Risk Adjusted Performance of (0.01), standard deviation of 2.98, and Mean Deviation of 1.78. SH Energy Chemical technical analysis provides you with a way to harness past data patterns to determine a pattern that measures the direction of the company's future prices.

SH Energy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 002360, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 002360
  
SH Energy'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.
SH Energy 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 SH Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SH Energy 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...

SH Energy Chemical Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SH Energy Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SH Energy Chemical Trend Analysis

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

SH Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SH Energy Chemical applied against its price change over selected period. The best fit line has a slop of   0.04  , which means SH Energy Chemical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 65.51, which is the sum of squared deviations for the predicted SH Energy price change compared to its average price change.

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

SH Energy November 23, 2024 Technical Indicators

Most technical analysis of 002360 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 002360 from various momentum indicators to cycle indicators. When you analyze 002360 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.

SH Energy November 23, 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 002360 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 002360 Stock analysis

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