OpenSys M (Malaysia) Technical Analysis

0040 Stock   0.37  0.01  2.78%   

OpenSys M Momentum Analysis

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

OpenSys M Bhd 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 OpenSys M Bhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.

OpenSys M Bhd Trend Analysis

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

OpenSys M Best Fit Change Line

The following chart estimates an ordinary least squares regression model for OpenSys M Bhd applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that OpenSys M Bhd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted OpenSys M price change compared to its average price change.

OpenSys M November 26, 2024 Technical Indicators

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