Encanto Potash Corp Stock Technical Analysis

ENCTF Stock  USD 0.03  0.00  0.00%   
As of the 4th of December, Encanto Potash shows the Mean Deviation of 0.2448, standard deviation of 0.9892, and Coefficient Of Variation of (783.56). Encanto Potash 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 Encanto Potash Corp market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Encanto Potash Corp is priced favorably, providing market reflects its regular price of 0.0309 per share. As Encanto Potash Corp appears to be a penny stock we also advise to verify its information ratio numbers.

Encanto Potash Momentum Analysis

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

Encanto Potash Corp Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Encanto Potash Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Encanto Potash Corp Trend Analysis

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

Encanto Potash Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Encanto Potash Corp applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Encanto Potash Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Encanto Potash price change compared to its average price change.

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

Encanto Potash December 4, 2024 Technical Indicators

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

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