Sunny Optical Technology Stock Technical Analysis

SNPTF Stock  USD 6.55  0.00  0.00%   
As of the 25th of November, Sunny Optical has the Risk Adjusted Performance of 0.0273, variance of 9.42, and Coefficient Of Variation of 3880.45. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sunny Optical Technology, as well as the relationship between them. Please validate Sunny Optical Technology market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Sunny Optical is priced more or less accurately, providing market reflects its prevalent price of 6.55 per share. Given that Sunny Optical Technology has information ratio of (0.02), we advise you to double-check Sunny Optical Technology's current market performance to make sure the company can sustain itself at a future point.

Sunny Optical Momentum Analysis

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

Sunny Optical Technology 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 Sunny Optical Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sunny Optical Technology Trend Analysis

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

Sunny Optical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sunny Optical Technology applied against its price change over selected period. The best fit line has a slop of    , which means Sunny Optical Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.78, which is the sum of squared deviations for the predicted Sunny Optical price change compared to its average price change.

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

Sunny Optical November 25, 2024 Technical Indicators

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

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