Athabasca Oil Corp Stock Technical Analysis

ATHOF Stock  USD 3.65  0.01  0.27%   
As of the 29th of November, Athabasca Oil shows the risk adjusted performance of (0.05), and Mean Deviation of 1.69. Athabasca Oil Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Athabasca Oil Corp mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Athabasca Oil Corp is priced correctly, providing market reflects its regular price of 3.65 per share. Given that Athabasca Oil has information ratio of (0.13), we suggest you to validate Athabasca Oil Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Athabasca Oil Momentum Analysis

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

Athabasca Oil Corp 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 Athabasca Oil Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Athabasca Oil Corp Trend Analysis

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

Athabasca Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Athabasca Oil Corp applied against its price change over selected period. The best fit line has a slop of   0.0005  , which may suggest that Athabasca Oil Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Athabasca Oil price change compared to its average price change.

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

Athabasca Oil November 29, 2024 Technical Indicators

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

Athabasca Oil November 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Athabasca stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Athabasca Pink Sheet analysis

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