MITH Technical Analysis

MITH Crypto  USD 0.0003  0.01  97.05%   
As of the 30th of November, MITH secures the Risk Adjusted Performance of 0.2379, mean deviation of 594.69, and Market Risk Adjusted Performance of 3.37. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MITH, as well as the relationship between them.

MITH Momentum Analysis

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

MITH Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 MITH volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MITH Trend Analysis

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

MITH Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MITH applied against its price change over selected period. The best fit line has a slop of   0.000014  , which means MITH 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 MITH price change compared to its average price change.

About MITH 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 MITH 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 MITH based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on MITH price pattern first instead of the macroeconomic environment surrounding MITH. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of MITH's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to MITH specific price patterns or momentum indicators.

MITH November 30, 2024 Technical Indicators

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

MITH November 30, 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 MITH 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.
When determining whether MITH offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MITH's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mith Crypto.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MITH. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Please note, there is a significant difference between MITH's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine MITH value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, MITH's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.