Traction Uranium Corp Stock Technical Analysis

TRCTF Stock  USD 0.22  0.02  10.00%   
As of the 4th of December, Traction Uranium has the Coefficient Of Variation of 5803.8, semi deviation of 11.02, and Risk Adjusted Performance of 0.0226. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Traction Uranium Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Traction Uranium Corp, which can be compared to its competition. Please validate Traction Uranium Corp standard deviation and the relationship between the treynor ratio and kurtosis to decide if Traction Uranium is priced more or less accurately, providing market reflects its prevalent price of 0.22 per share. As Traction Uranium Corp appears to be a penny stock we also recommend to double-check its total risk alpha numbers.

Traction Uranium Momentum Analysis

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

Traction Uranium 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 Traction Uranium Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Traction Uranium Corp Trend Analysis

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

Traction Uranium Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Traction Uranium Corp applied against its price change over selected period. The best fit line has a slop of   0.0018  , which may suggest that Traction Uranium Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Traction Uranium price change compared to its average price change.

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

Traction Uranium December 4, 2024 Technical Indicators

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

Complementary Tools for Traction OTC Stock analysis

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