Spanish Mountain Gold Stock Technical Analysis

SPAZF Stock  USD 0.08  0.01  14.29%   
As of the 7th of January, Spanish Mountain has the Coefficient Of Variation of (909.19), risk adjusted performance of (0.08), and Variance of 34.02. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spanish Mountain Gold, as well as the relationship between them. Please validate Spanish Mountain Gold mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Spanish Mountain is priced more or less accurately, providing market reflects its prevalent price of 0.08 per share. As Spanish Mountain Gold appears to be a penny stock we also recommend to double-check its jensen alpha numbers.

Spanish Mountain Momentum Analysis

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

Spanish Mountain Gold Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Spanish Mountain Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spanish Mountain Gold Trend Analysis

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

Spanish Mountain Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spanish Mountain Gold applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that Spanish Mountain Gold 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 Spanish Mountain price change compared to its average price change.

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

Spanish Mountain January 7, 2025 Technical Indicators

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

Spanish Mountain January 7, 2025 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 Spanish 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.

Complementary Tools for Spanish Pink Sheet analysis

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