Univacco Technology (Taiwan) Technical Analysis

3303 Stock  TWD 61.10  2.80  4.80%   
As of the 24th of November, Univacco Technology has the Risk Adjusted Performance of 0.0222, coefficient of variation of 5436.42, and Semi Deviation of 3.68. Univacco Technology 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 Univacco Technology mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Univacco Technology is priced more or less accurately, providing market reflects its prevalent price of 61.1 per share.

Univacco Technology Momentum Analysis

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

Univacco Technology Technical Analysis

Indicator
Time Period
Execute Indicator
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 Univacco Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Univacco Technology Trend Analysis

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

Univacco Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Univacco Technology applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Univacco Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 51.87, which is the sum of squared deviations for the predicted Univacco Technology price change compared to its average price change.

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

Univacco Technology November 24, 2024 Technical Indicators

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

Additional Tools for Univacco Stock Analysis

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