Samwon Steel (Korea) Technical Analysis

023000 Stock   2,545  25.00  0.99%   
As of the 26th of November, Samwon Steel has the Variance of 1.13, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,229). Samwon Steel 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.

Samwon Steel Momentum Analysis

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

Samwon Steel 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 Samwon Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Samwon Steel Trend Analysis

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

Samwon Steel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Samwon Steel applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Samwon Steel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 53.32, which is the sum of squared deviations for the predicted Samwon Steel price change compared to its average price change.

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

Samwon Steel November 26, 2024 Technical Indicators

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

Samwon Steel November 26, 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 Samwon 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 Samwon Stock analysis

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