Edison Cobalt Corp Stock Technical Analysis

EDDYF Stock  USD 0.06  0.01  17.06%   
As of the 29th of November, Edison Cobalt shows the Coefficient Of Variation of 2849.71, downside deviation of 20.82, and Mean Deviation of 5.64. Edison Cobalt Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Edison Cobalt Corp variance, as well as the relationship between the maximum drawdown and semi variance to decide if Edison Cobalt Corp is priced favorably, providing market reflects its regular price of 0.0645 per share. As Edison Cobalt Corp appears to be a penny stock we also advise to verify its total risk alpha numbers.

Edison Cobalt Momentum Analysis

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

Edison Cobalt Corp 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 Edison Cobalt Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Edison Cobalt Corp Trend Analysis

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

Edison Cobalt Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Edison Cobalt Corp applied against its price change over selected period. The best fit line has a slop of   0.00007  , which means Edison Cobalt Corp 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 Edison Cobalt price change compared to its average price change.

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

Edison Cobalt November 29, 2024 Technical Indicators

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

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