Sung Bo (Korea) Technical Analysis

003080 Stock   2,520  15.00  0.59%   
As of the 26th of November, Sung Bo has the Risk Adjusted Performance of (0.06), coefficient of variation of (1,248), and Variance of 0.93. Sung Bo technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sung Bo Momentum Analysis

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

Sung Bo Chemicals 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 Sung Bo Chemicals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sung Bo Chemicals Trend Analysis

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

Sung Bo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sung Bo Chemicals applied against its price change over selected period. The best fit line has a slop of   2.06  , which may suggest that Sung Bo Chemicals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 159796.6, which is the sum of squared deviations for the predicted Sung Bo price change compared to its average price change.

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

Sung Bo November 26, 2024 Technical Indicators

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

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