Sinomine Resource (China) Technical Analysis

002738 Stock   36.62  0.72  1.93%   
As of the 19th of December, Sinomine Resource has the Coefficient Of Variation of 828.94, semi deviation of 2.84, and Risk Adjusted Performance of 0.1038. Sinomine Resource technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Sinomine Resource Momentum Analysis

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

Sinomine Resource Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Sinomine Resource volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sinomine Resource Trend Analysis

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

Sinomine Resource Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sinomine Resource Exploration applied against its price change over selected period. The best fit line has a slop of   0.14  , which means Sinomine Resource Exploration will continue generating value for investors. It has 122 observation points and a regression sum of squares at 770.21, which is the sum of squared deviations for the predicted Sinomine Resource price change compared to its average price change.

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

Sinomine Resource December 19, 2024 Technical Indicators

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

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