Cannbiorx Life Sciences Stock Technical Analysis

ATNFW Stock  USD 0.01  0  22.22%   
As of the 28th of November, CannBioRx Life shows the Risk Adjusted Performance of 0.0759, mean deviation of 11.61, and Downside Deviation of 11.52. CannBioRx Life Sciences 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 CannBioRx Life Sciences downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if CannBioRx Life Sciences is priced correctly, providing market reflects its regular price of 0.0084 per share. As CannBioRx Life Sciences appears to be a penny stock we also recommend to validate its total risk alpha numbers.

CannBioRx Life Momentum Analysis

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

CannBioRx Life Sciences 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 CannBioRx Life Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CannBioRx Life Sciences Trend Analysis

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

CannBioRx Life Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CannBioRx Life Sciences applied against its price change over selected period. The best fit line has a slop of   0.000034  , which means CannBioRx Life Sciences 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 CannBioRx Life price change compared to its average price change.

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

CannBioRx Life November 28, 2024 Technical Indicators

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

Additional Tools for CannBioRx Stock Analysis

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