Shanghai Broadband (China) Technical Analysis

600608 Stock   4.20  0.24  6.06%   
As of the 23rd of November, Shanghai Broadband has the Semi Deviation of 1.98, risk adjusted performance of 0.213, and Coefficient Of Variation of 372.5. Shanghai Broadband 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.

Shanghai Broadband Momentum Analysis

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

Shanghai Broadband 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 Shanghai Broadband volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Shanghai Broadband Trend Analysis

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

Shanghai Broadband Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shanghai Broadband Technology applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Shanghai Broadband Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 18.05, which is the sum of squared deviations for the predicted Shanghai Broadband price change compared to its average price change.

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

Shanghai Broadband November 23, 2024 Technical Indicators

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

When running Shanghai Broadband's price analysis, check to measure Shanghai Broadband'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 Shanghai Broadband is operating at the current time. Most of Shanghai Broadband's value examination focuses on studying past and present price action to predict the probability of Shanghai Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Broadband's price. Additionally, you may evaluate how the addition of Shanghai Broadband to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Transaction History
View history of all your transactions and understand their impact on performance