Poongsan (Korea) Technical Analysis

103140 Stock   52,000  5,000  8.77%   
As of the 27th of November, Poongsan holds the Coefficient Of Variation of 3884.0, risk adjusted performance of 0.0272, and Semi Deviation of 3.04. Poongsan technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices.

Poongsan Momentum Analysis

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

Poongsan 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 Poongsan volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Poongsan Trend Analysis

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

Poongsan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Poongsan applied against its price change over selected period. The best fit line has a slop of   2.95  , which means Poongsan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 328132.21, which is the sum of squared deviations for the predicted Poongsan price change compared to its average price change.

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

Poongsan November 27, 2024 Technical Indicators

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

Poongsan November 27, 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 Poongsan 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 Poongsan Stock analysis

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