Hyundai Motor Co Stock Technical Analysis

HYMTF Stock  USD 55.13  0.22  0.40%   
As of the 25th of November, Hyundai retains the Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.29), and Standard Deviation of 2.46. Hyundai technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hyundai Motor risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Hyundai is priced fairly, providing market reflects its last-minute price of 55.13 per share. Given that Hyundai Motor Co has information ratio of (0.10), we strongly advise you to confirm Hyundai Motor's regular market performance to make sure the company can sustain itself at a future point.

Hyundai Momentum Analysis

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

Hyundai Motor Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Hyundai Motor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hyundai Motor Trend Analysis

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

Hyundai Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hyundai Motor Co applied against its price change over selected period. The best fit line has a slop of   0.21  , which may suggest that Hyundai Motor Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1703.81, which is the sum of squared deviations for the predicted Hyundai price change compared to its average price change.

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

Hyundai November 25, 2024 Technical Indicators

Most technical analysis of Hyundai 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 Hyundai from various momentum indicators to cycle indicators. When you analyze Hyundai 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 Hyundai Pink Sheet analysis

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