Eureka Design (Thailand) Technical Analysis

UREKA Stock  THB 0.52  0.03  6.12%   
As of the 24th of November, Eureka Design shows the Downside Deviation of 3.12, coefficient of variation of 2153.44, and Mean Deviation of 1.85. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Eureka Design, as well as the relationship between them.

Eureka Design Momentum Analysis

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

Eureka Design Public Technical Analysis

Indicator
Time Period
Execute Indicator
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 Eureka Design Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eureka Design Public Trend Analysis

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

Eureka Design Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eureka Design Public applied against its price change over selected period. The best fit line has a slop of   0.0008  , which may suggest that Eureka Design Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Eureka Design price change compared to its average price change.

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

Eureka Design November 24, 2024 Technical Indicators

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

When running Eureka Design's price analysis, check to measure Eureka Design'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 Eureka Design is operating at the current time. Most of Eureka Design's value examination focuses on studying past and present price action to predict the probability of Eureka Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eureka Design's price. Additionally, you may evaluate how the addition of Eureka Design to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum