Songcheng Performance (China) Technical Analysis

300144 Stock   9.06  0.36  3.82%   
As of the 23rd of November, Songcheng Performance has the Risk Adjusted Performance of 0.06, coefficient of variation of 1476.64, and Semi Deviation of 2.91. Songcheng Performance 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.

Songcheng Performance Momentum Analysis

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

Songcheng Performance Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Songcheng Performance volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Songcheng Performance Trend Analysis

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

Songcheng Performance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Songcheng Performance Develop applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Songcheng Performance Develop will continue generating value for investors. It has 122 observation points and a regression sum of squares at 97.82, which is the sum of squared deviations for the predicted Songcheng Performance price change compared to its average price change.

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

Songcheng Performance November 23, 2024 Technical Indicators

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

Complementary Tools for Songcheng Stock analysis

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