Oriental Food (Malaysia) Technical Analysis
| 7107 Stock | 1.72 0.03 1.78% |
As of the 22nd of November, Oriental Food holds the Variance of 3.24, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,873). Oriental Food Industries technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Oriental Food Industries mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Oriental Food Industries is priced some-what accurately, providing market reflects its current price of 1.72 per share.
Oriental Food Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oriental, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrientalOriental |
Oriental Food 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.
Oriental Food Industries Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Oriental Food Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oriental Food Industries Trend Analysis
Use this graph to draw trend lines for Oriental Food Industries. You can use it to identify possible trend reversals for Oriental Food 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 Oriental Food price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oriental Food Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oriental Food Industries applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that Oriental Food Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Oriental Food price change compared to its average price change.About Oriental Food 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 Oriental Food Industries 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 Oriental Food Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oriental Food Industries price pattern first instead of the macroeconomic environment surrounding Oriental Food Industries. By analyzing Oriental Food'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 Oriental Food'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 Oriental Food specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oriental Food November 22, 2024 Technical Indicators
Most technical analysis of Oriental 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 Oriental from various momentum indicators to cycle indicators. When you analyze Oriental 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.99) | |||
| Mean Deviation | 1.24 | |||
| Coefficient Of Variation | (2,873) | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.24 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.00) | |||
| Maximum Drawdown | 9.23 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.53 | |||
| Skewness | 0.2477 | |||
| Kurtosis | 1.46 |
Oriental Food November 22, 2024 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 Oriental 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 | 540.70 | ||
| Daily Balance Of Power | 1.00 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 1.71 | ||
| Day Typical Price | 1.71 | ||
| Price Action Indicator | 0.03 |
Other Information on Investing in Oriental Stock
Oriental Food financial ratios help investors to determine whether Oriental Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oriental with respect to the benefits of owning Oriental Food security.