West Japan Railway Stock Technical Analysis

WJRYF Stock  USD 17.81  0.00  0.00%   
As of the 29th of November, West Japan maintains the Mean Deviation of 3.15, market risk adjusted performance of 0.0034, and Downside Deviation of 4.24. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of West Japan Railway, as well as the relationship between them. Please check out West Japan Railway jensen alpha and downside variance to decide if West Japan Railway is priced fairly, providing market reflects its latest price of 17.81 per share. Given that West Japan Railway has jensen alpha of 0.0746, we strongly advise you to confirm West Japan Railway's prevalent market performance to make sure the company can sustain itself at a future point.

West Japan Momentum Analysis

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

West Japan Railway Technical Analysis

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West Japan Railway Trend Analysis

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

West Japan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for West Japan Railway applied against its price change over selected period. The best fit line has a slop of   0.05  , which may suggest that West Japan Railway market price will keep on failing further. It has 122 observation points and a regression sum of squares at 84.03, which is the sum of squared deviations for the predicted West Japan price change compared to its average price change.

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

West Japan November 29, 2024 Technical Indicators

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

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