WIIK Public (Thailand) Technical Analysis

WIIK Stock  THB 1.13  0.01  0.89%   
As of the 30th of November, WIIK Public maintains the Downside Deviation of 2.05, mean deviation of 1.27, and Risk Adjusted Performance of 0.0686. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of WIIK Public, as well as the relationship between them.

WIIK 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 WIIK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WIIK
  
WIIK 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.
WIIK 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 WIIK Public technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WIIK 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...

WIIK Public Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 WIIK Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.

WIIK Public Trend Analysis

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

WIIK Public Best Fit Change Line

The following chart estimates an ordinary least squares regression model for WIIK Public applied against its price change over selected period. The best fit line has a slop of   0.000077  , which means WIIK Public will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted WIIK Public price change compared to its average price change.

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

WIIK Public November 30, 2024 Technical Indicators

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

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