Tex Cycle (Malaysia) Technical Analysis
| 0089 Stock | 1.04 0.01 0.95% |
As of the 21st of November, Tex Cycle has the Risk Adjusted Performance of (0.16), coefficient of variation of (467.89), and Variance of 1.32. Tex Cycle 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. Please validate Tex Cycle Technology value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Tex Cycle is priced more or less accurately, providing market reflects its prevalent price of 1.04 per share.
Tex Cycle Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TexTex |
Tex Cycle 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.
Tex Cycle Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Tex Cycle Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tex Cycle Technology Trend Analysis
Use this graph to draw trend lines for Tex Cycle Technology. You can use it to identify possible trend reversals for Tex Cycle 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 Tex Cycle price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tex Cycle Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tex Cycle Technology applied against its price change over selected period. The best fit line has a slop of 0.0036 , which may suggest that Tex Cycle Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Tex Cycle price change compared to its average price change.About Tex Cycle 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 Tex Cycle Technology 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 Tex Cycle Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tex Cycle Technology price pattern first instead of the macroeconomic environment surrounding Tex Cycle Technology. By analyzing Tex Cycle'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 Tex Cycle'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 Tex Cycle specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tex Cycle November 21, 2024 Technical Indicators
Most technical analysis of Tex 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 Tex from various momentum indicators to cycle indicators. When you analyze Tex 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | 2.3 | |||
| Mean Deviation | 0.7918 | |||
| Coefficient Of Variation | (467.89) | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 2.29 | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.63 | |||
| Skewness | (0.05) | |||
| Kurtosis | 2.42 |
Tex Cycle November 21, 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 Tex 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.
| Accumulation Distribution | 716.98 | ||
| Daily Balance Of Power | (0.50) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 1.05 | ||
| Day Typical Price | 1.05 | ||
| Price Action Indicator | (0.02) |
Other Information on Investing in Tex Stock
Tex Cycle financial ratios help investors to determine whether Tex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tex with respect to the benefits of owning Tex Cycle security.