Guangdong Advertising (China) Technical Analysis

002400 Stock   7.72  0.30  4.04%   
As of the 23rd of November, Guangdong Advertising retains the market risk adjusted performance of 1.53, and Risk Adjusted Performance of 0.1589. Guangdong Advertising 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.

Guangdong Advertising Momentum Analysis

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

Guangdong Advertising Technical Analysis

Indicator
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Execute Indicator
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 Guangdong Advertising volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Guangdong Advertising Trend Analysis

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

Guangdong Advertising Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Guangdong Advertising Co applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Guangdong Advertising Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 130.88, which is the sum of squared deviations for the predicted Guangdong Advertising price change compared to its average price change.

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

Guangdong Advertising November 23, 2024 Technical Indicators

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

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