ITE Tech (Taiwan) Technical Analysis
| 3014 Stock | TWD 139.00 4.00 2.80% |
As of the 28th of November, ITE Tech retains the Risk Adjusted Performance of 0.0105, semi deviation of 1.95, and Market Risk Adjusted Performance of 0.0112. ITE Tech 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. Please check out ITE Tech semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if ITE Tech is priced correctly, providing market reflects its last-minute price of 139.0 per share.
ITE Tech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ITE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ITEITE |
ITE Tech 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.
ITE Tech Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 ITE Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ITE Tech Trend Analysis
Use this graph to draw trend lines for ITE Tech. You can use it to identify possible trend reversals for ITE Tech 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 ITE Tech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ITE Tech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ITE Tech applied against its price change over selected period. The best fit line has a slop of 0.12 , which means ITE Tech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 524.07, which is the sum of squared deviations for the predicted ITE Tech price change compared to its average price change.About ITE Tech 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 ITE Tech 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 ITE Tech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ITE Tech price pattern first instead of the macroeconomic environment surrounding ITE Tech. By analyzing ITE Tech'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 ITE Tech'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 ITE Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
ITE Tech November 28, 2024 Technical Indicators
Most technical analysis of ITE 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 ITE from various momentum indicators to cycle indicators. When you analyze ITE 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0105 | |||
| Market Risk Adjusted Performance | 0.0112 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 2.12 | |||
| Coefficient Of Variation | 18646.74 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.52 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0012 | |||
| Maximum Drawdown | 14.05 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 2.6 | |||
| Downside Variance | 4.49 | |||
| Semi Variance | 3.8 | |||
| Expected Short fall | (1.55) | |||
| Skewness | 1.11 | |||
| Kurtosis | 6.39 |
ITE Tech November 28, 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 ITE 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.
| Accumulation Distribution | 35,872 | ||
| Daily Balance Of Power | (0.80) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 141.50 | ||
| Day Typical Price | 140.67 | ||
| Price Action Indicator | (4.50) |
Additional Tools for ITE Stock Analysis
When running ITE Tech's price analysis, check to measure ITE Tech'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 ITE Tech is operating at the current time. Most of ITE Tech's value examination focuses on studying past and present price action to predict the probability of ITE Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITE Tech's price. Additionally, you may evaluate how the addition of ITE Tech to your portfolios can decrease your overall portfolio volatility.