Supernova Energy Stock Technical Analysis

SPRN Stock  USD 0.0003  0.00  0.00%   
As of the 15th of December 2024, Supernova Energy has the Coefficient Of Variation of 812.4, variance of 37.88, and Risk Adjusted Performance of 0.0981. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Supernova Energy, as well as the relationship between them.

Supernova Energy Momentum Analysis

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

Supernova Energy Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Supernova Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Supernova Energy Trend Analysis

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

Supernova Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Supernova Energy applied against its price change over selected period. The best fit line has a slop of   0.00000074  , which means Supernova Energy 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 Supernova Energy price change compared to its average price change.

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

Supernova Energy December 15, 2024 Technical Indicators

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

Other Information on Investing in Supernova Pink Sheet

Supernova Energy financial ratios help investors to determine whether Supernova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Supernova with respect to the benefits of owning Supernova Energy security.