Sparta Commercial Services Stock Technical Analysis

SRCO Stock  USD 0.25  0.02  8.70%   
As of the 29th of November, Sparta Commercial has the Coefficient Of Variation of (2,249), risk adjusted performance of (0.03), and Variance of 63.42. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparta Commercial, as well as the relationship between them.

Sparta Commercial Momentum Analysis

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

Sparta Commercial 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 Sparta Commercial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sparta Commercial Trend Analysis

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

Sparta Commercial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparta Commercial Services applied against its price change over selected period. The best fit line has a slop of   0.0024  , which may suggest that Sparta Commercial Services market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Sparta Commercial price change compared to its average price change.

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

Sparta Commercial November 29, 2024 Technical Indicators

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

Sparta Commercial financial ratios help investors to determine whether Sparta 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 Sparta with respect to the benefits of owning Sparta Commercial security.