East West Petroleum Stock Technical Analysis

EWPMF Stock  USD 0.03  0.01  50.00%   
As of the 22nd of December, East West shows the Coefficient Of Variation of 1292.35, mean deviation of 12.16, and Downside Deviation of 30.25. East West Petroleum 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 East West Petroleum variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if East West Petroleum is priced favorably, providing market reflects its regular price of 0.03 per share. As East West Petroleum appears to be a penny stock we also advise to verify its total risk alpha numbers.

East West Momentum Analysis

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

East West Petroleum Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-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 East West Petroleum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

East West Petroleum Trend Analysis

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

East West Best Fit Change Line

The following chart estimates an ordinary least squares regression model for East West Petroleum applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that East West Petroleum 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 East West price change compared to its average price change.

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

East West December 22, 2024 Technical Indicators

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

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