Bluebik Group (Thailand) Technical Analysis

BBIK Stock   43.00  0.50  1.18%   

Bluebik Group Momentum Analysis

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

Bluebik Group PCL 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 Bluebik Group PCL volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bluebik Group PCL Trend Analysis

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

Bluebik Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bluebik Group PCL applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Bluebik Group PCL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 323.16, which is the sum of squared deviations for the predicted Bluebik Group price change compared to its average price change.

Bluebik Group November 23, 2024 Technical Indicators

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