Myoung Shin (Korea) Technical Analysis

009900 Stock   11,430  170.00  1.47%   
As of the 22nd of November, Myoung Shin secures the Risk Adjusted Performance of 0.0103, downside deviation of 3.08, and Mean Deviation of 2.19. Myoung Shin Industrial technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.

Myoung Shin Momentum Analysis

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

Myoung Shin Industrial Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Myoung Shin Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Myoung Shin Industrial Trend Analysis

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

Myoung Shin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Myoung Shin Industrial applied against its price change over selected period. The best fit line has a slop of   23.12  , which means Myoung Shin Industrial will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2.022263912E7, which is the sum of squared deviations for the predicted Myoung Shin price change compared to its average price change.

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

Myoung Shin November 22, 2024 Technical Indicators

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

Myoung Shin November 22, 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 Myoung 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 Myoung Stock analysis

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