Truong Thanh (Vietnam) Technical Analysis

TTF Stock   3,020  20.00  0.67%   
As of the 26th of November, Truong Thanh has the Variance of 2.37, risk adjusted performance of (0.14), and Coefficient Of Variation of (528.24). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Truong Thanh Furniture, as well as the relationship between them.

Truong Thanh Momentum Analysis

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

Truong Thanh Furniture 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 Truong Thanh Furniture volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Truong Thanh Furniture Trend Analysis

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

Truong Thanh Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Truong Thanh Furniture applied against its price change over selected period. The best fit line has a slop of   8.46  , which may suggest that Truong Thanh Furniture market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2706208.52, which is the sum of squared deviations for the predicted Truong Thanh price change compared to its average price change.

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

Truong Thanh November 26, 2024 Technical Indicators

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

Other Information on Investing in Truong Stock

Truong Thanh financial ratios help investors to determine whether Truong 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 Truong with respect to the benefits of owning Truong Thanh security.