Beijing Wandong (China) Technical Analysis

600055 Stock   16.72  0.60  3.46%   
As of the 24th of November, Beijing Wandong shows the Mean Deviation of 2.2, risk adjusted performance of 0.1371, and Downside Deviation of 2.54. Beijing Wandong Medical technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Beijing Wandong Momentum Analysis

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

Beijing Wandong Medical 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 Beijing Wandong Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Beijing Wandong Medical Trend Analysis

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

Beijing Wandong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Beijing Wandong Medical applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Beijing Wandong Medical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 318.04, which is the sum of squared deviations for the predicted Beijing Wandong price change compared to its average price change.

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

Beijing Wandong November 24, 2024 Technical Indicators

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

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