TrueLight (Taiwan) Technical Analysis
| 3234 Stock | TWD 47.75 1.05 2.15% |
As of the 31st of December, TrueLight has the Semi Deviation of 2.22, risk adjusted performance of 0.1093, and Coefficient Of Variation of 692.87. TrueLight 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 TrueLight standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if TrueLight is priced more or less accurately, providing market reflects its prevalent price of 47.75 per share.
TrueLight Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TrueLight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrueLightTrueLight |
TrueLight 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.
TrueLight 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 True Range is a measure of TrueLight volatility developed by Welles Wilder.
TrueLight Trend Analysis
Use this graph to draw trend lines for TrueLight. You can use it to identify possible trend reversals for TrueLight 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 TrueLight price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TrueLight Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TrueLight applied against its price change over selected period. The best fit line has a slop of 0.28 , which means TrueLight will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2860.91, which is the sum of squared deviations for the predicted TrueLight price change compared to its average price change.About TrueLight 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 TrueLight 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 TrueLight based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TrueLight price pattern first instead of the macroeconomic environment surrounding TrueLight. By analyzing TrueLight'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 TrueLight'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 TrueLight specific price patterns or momentum indicators. Please read more on our technical analysis page.
TrueLight December 31, 2025 Technical Indicators
Most technical analysis of TrueLight 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 TrueLight from various momentum indicators to cycle indicators. When you analyze TrueLight 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 | 0.1093 | |||
| Market Risk Adjusted Performance | 0.3291 | |||
| Mean Deviation | 2.91 | |||
| Semi Deviation | 2.22 | |||
| Downside Deviation | 2.62 | |||
| Coefficient Of Variation | 692.87 | |||
| Standard Deviation | 4.05 | |||
| Variance | 16.43 | |||
| Information Ratio | 0.127 | |||
| Jensen Alpha | 0.4663 | |||
| Total Risk Alpha | 0.2257 | |||
| Sortino Ratio | 0.1964 | |||
| Treynor Ratio | 0.3191 | |||
| Maximum Drawdown | 15.14 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 9.95 | |||
| Downside Variance | 6.87 | |||
| Semi Variance | 4.94 | |||
| Expected Short fall | (4.13) | |||
| Skewness | 1.23 | |||
| Kurtosis | 0.8598 |
TrueLight December 31, 2025 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 TrueLight 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 | 80,168 | ||
| Daily Balance Of Power | (0.64) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 48.47 | ||
| Day Typical Price | 48.23 | ||
| Price Action Indicator | (1.25) |
Additional Tools for TrueLight Stock Analysis
When running TrueLight's price analysis, check to measure TrueLight'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 TrueLight is operating at the current time. Most of TrueLight's value examination focuses on studying past and present price action to predict the probability of TrueLight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TrueLight's price. Additionally, you may evaluate how the addition of TrueLight to your portfolios can decrease your overall portfolio volatility.