Megachem Public (Thailand) Technical Analysis

MGT Stock  THB 2.04  0.02  0.99%   
As of the 22nd of November, Megachem Public secures the Risk Adjusted Performance of (0.04), mean deviation of 1.23, and Standard Deviation of 1.88. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Megachem Public, as well as the relationship between them.

Megachem Public Momentum Analysis

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

Megachem Public Technical Analysis

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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 Megachem Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Megachem Public Trend Analysis

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

Megachem Public Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Megachem Public applied against its price change over selected period. The best fit line has a slop of   0.003  , which may suggest that Megachem Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.33, which is the sum of squared deviations for the predicted Megachem Public price change compared to its average price change.

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

Megachem Public November 22, 2024 Technical Indicators

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

Megachem Public 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 Megachem 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 Megachem Stock

Megachem Public financial ratios help investors to determine whether Megachem 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 Megachem with respect to the benefits of owning Megachem Public security.