Lumina Gold Corp Stock Technical Analysis

LUM Stock  CAD 0.50  0.03  6.38%   
As of the 12th of December 2024, Lumina Gold secures the Mean Deviation of 2.82, downside deviation of 3.42, and Risk Adjusted Performance of 0.0517. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lumina Gold Corp, as well as the relationship between them. Please verify Lumina Gold Corp jensen alpha, as well as the relationship between the potential upside and skewness to decide if Lumina Gold Corp is priced some-what accurately, providing market reflects its recent price of 0.5 per share.

Lumina Gold Momentum Analysis

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

Lumina Gold 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 Lumina Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lumina Gold Corp Trend Analysis

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

Lumina Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lumina Gold Corp applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that Lumina Gold Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Lumina Gold price change compared to its average price change.

About Lumina Gold 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 Lumina Gold 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 Lumina Gold Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lumina Gold Corp price pattern first instead of the macroeconomic environment surrounding Lumina Gold Corp. By analyzing Lumina Gold'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 Lumina Gold'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 Lumina Gold specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Interest Debt Per Share0.02010.0211
Revenue Per Share0.0016680.001482

Lumina Gold December 12, 2024 Technical Indicators

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

Lumina Gold December 12, 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 Lumina 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.

Additional Tools for Lumina Stock Analysis

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