Shining Building (Taiwan) Technical Analysis

5531 Stock  TWD 10.45  0.15  1.46%   
As of the 19th of January, Shining Building has the Coefficient Of Variation of 6717.99, risk adjusted performance of 0.019, and Semi Deviation of 2.08. Shining Building 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 Shining Building Business mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Shining Building is priced more or less accurately, providing market reflects its prevalent price of 10.45 per share.

Shining Building Momentum Analysis

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

Shining Building Business Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Shining Building Business volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shining Building Business Trend Analysis

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

Shining Building Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shining Building Business applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Shining Building Business market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.97, which is the sum of squared deviations for the predicted Shining Building price change compared to its average price change.

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

Shining Building January 19, 2025 Technical Indicators

Most technical analysis of Shining 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 Shining from various momentum indicators to cycle indicators. When you analyze Shining 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 Shining Stock Analysis

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