Homecast CoLtd (Korea) Technical Analysis

064240 Stock  KRW 2,620  10.00  0.38%   
As of the 26th of November, Homecast CoLtd retains the Standard Deviation of 3.67, risk adjusted performance of (0.0003), and Market Risk Adjusted Performance of (0.76). Homecast CoLtd technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Homecast CoLtd Momentum Analysis

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

Homecast CoLtd Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Homecast CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Homecast CoLtd Trend Analysis

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

Homecast CoLtd Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Homecast CoLtd applied against its price change over selected period. The best fit line has a slop of   5.87  , which may suggest that Homecast CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1301828.98, which is the sum of squared deviations for the predicted Homecast CoLtd price change compared to its average price change.

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

Homecast CoLtd November 26, 2024 Technical Indicators

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

Homecast CoLtd 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 Homecast 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 Homecast Stock analysis

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