WOOJUNG BIO (Korea) Technical Analysis

215380 Stock  KRW 1,713  68.00  3.82%   
As of the 30th of November, WOOJUNG BIO maintains the Mean Deviation of 4.18, standard deviation of 6.98, and Risk Adjusted Performance of (0.07). WOOJUNG BIO technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

WOOJUNG BIO Momentum Analysis

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

WOOJUNG BIO Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 WOOJUNG BIO volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WOOJUNG BIO Trend Analysis

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

WOOJUNG BIO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WOOJUNG BIO applied against its price change over selected period. The best fit line has a slop of   12.19  , which may suggest that WOOJUNG BIO market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5622542.73, which is the sum of squared deviations for the predicted WOOJUNG BIO price change compared to its average price change.

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

WOOJUNG BIO November 30, 2024 Technical Indicators

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

WOOJUNG BIO November 30, 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 WOOJUNG 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 WOOJUNG Stock analysis

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