Tecom (Taiwan) Technical Analysis

2321 Stock  TWD 15.35  0.25  1.60%   
As of the 30th of November, Tecom has the Semi Deviation of 3.35, coefficient of variation of 4738.68, and Risk Adjusted Performance of 0.0243. Tecom 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. Please validate Tecom mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Tecom is priced more or less accurately, providing market reflects its prevalent price of 15.35 per share.

Tecom Momentum Analysis

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

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

Tecom Trend Analysis

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

Tecom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tecom Co applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Tecom Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.51, which is the sum of squared deviations for the predicted Tecom price change compared to its average price change.

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

Tecom November 30, 2024 Technical Indicators

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

Tecom 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 Tecom 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.

Additional Tools for Tecom Stock Analysis

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