新漢 8234.TW Trend Analysis

TW StockComputer & Periphera
(No presentation for 8234)

8234 Trend Score

3

24

15

Bullish
  • AI analysis rates 8234   with a higher trend score of 4.
  • It is mainly due to  a bullish signal from short and long-term moving averages .
  • Historically, 8234 had a trend trading score of 4 on 75 occasions, with an average investment return of 1.33%. The win rate was 45%, with profits averaging 4.37% for the wining trades.
  • Recently, following the change in 8234's trend score to 4, the stock price has experienced a 2.09% decrease.

8234 Trend Reference Factors

Exclusive

The Trend score is derived from various data, mainly including price, volume, technical indicators and other information. The following lists two important factors when evaluating.

Update to 2025/06/06 (Daily Update)

Get Growin's Proprietary Indicators!

The above two proprietary indicators are available on the TradingView. Provide your TradingView username and get access to both indicators!

8234 Historical Trend Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

8234 Trend Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of 8234 from 2007/06 till Now

191.69%
Cumulative Return
6.44%
Annual Return
25.25%
Volatility
0.26
Sharpe Ratio

Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from June, 2007 to June, 2025. (Total Trades: 66)

8234SectorTW Overall Market
Wining Rate42%37%36%
Avg Return2.4%3.1%2.5%
Avg Profit11.8%16.8%15.2%
Avg Loss-4.7%-5.1%-4.9%
Avg Risk-Reward Ratio249.1%329.2%309.2%

Update to 2025/6/7 (Daily Update)

Top 10 High Relevance to 8234 Trend Score