Kortek (Korea) Technical Analysis

052330 Stock  KRW 7,760  10.00  0.13%   
As of the 28th of November, Kortek secures the Risk Adjusted Performance of 0.0408, downside deviation of 1.52, and Mean Deviation of 0.9276. Kortek 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.

Kortek Momentum Analysis

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

Kortek Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Kortek volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kortek Trend Analysis

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

Kortek Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kortek applied against its price change over selected period. The best fit line has a slop of   7.02  , which means Kortek will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1864677.78, which is the sum of squared deviations for the predicted Kortek price change compared to its average price change.

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

Kortek November 28, 2024 Technical Indicators

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

Kortek November 28, 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 Kortek 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 Kortek Stock analysis

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