Ananda Development (Thailand) Technical Analysis

ANAN Stock  THB 0.51  0.01  2.00%   
As of the 22nd of January, Ananda Development shows the risk adjusted performance of (0.24), and Mean Deviation of 1.58. Ananda Development Public 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.

Ananda Development Momentum Analysis

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

Ananda Development Public Technical Analysis

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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 Ananda Development Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ananda Development Public Trend Analysis

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

Ananda Development Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ananda Development Public applied against its price change over selected period. The best fit line has a slop of   0.0036  , which may suggest that Ananda Development Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.49, which is the sum of squared deviations for the predicted Ananda Development price change compared to its average price change.

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

Ananda Development January 22, 2025 Technical Indicators

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

Ananda Development January 22, 2025 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 Ananda 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.

Other Information on Investing in Ananda Stock

Ananda Development financial ratios help investors to determine whether Ananda 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 Ananda with respect to the benefits of owning Ananda Development security.