Korean Drug (Korea) Technical Analysis

014570 Stock  KRW 4,785  45.00  0.93%   
As of the 30th of January, Korean Drug secures the Downside Deviation of 1.62, risk adjusted performance of 0.0152, and Mean Deviation of 1.32. Korean Drug Co 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.

Korean Drug Momentum Analysis

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

Korean Drug Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Korean Drug volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Korean Drug Trend Analysis

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

Korean Drug Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Korean Drug Co applied against its price change over selected period. The best fit line has a slop of   4.97  , which means Korean Drug Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 935267.63, which is the sum of squared deviations for the predicted Korean Drug price change compared to its average price change.

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

Korean Drug January 30, 2025 Technical Indicators

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

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