MYFAIR GOLD (Germany) Technical Analysis

9M5 Stock   1.14  0.01  0.87%   
As of the 21st of January, MYFAIR GOLD secures the risk adjusted performance of 0.002, and Mean Deviation of 2.6. MYFAIR GOLD P technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify MYFAIR GOLD P coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if MYFAIR GOLD P is priced more or less accurately, providing market reflects its recent price of 1.14 per share.

MYFAIR GOLD Momentum Analysis

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

MYFAIR GOLD P Technical Analysis

Indicator
Time Period
Execute Indicator
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 MYFAIR GOLD P volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MYFAIR GOLD P Trend Analysis

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

MYFAIR GOLD Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MYFAIR GOLD P applied against its price change over selected period. The best fit line has a slop of   0.0034  , which may suggest that MYFAIR GOLD P market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.43, which is the sum of squared deviations for the predicted MYFAIR GOLD price change compared to its average price change.

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

MYFAIR GOLD January 21, 2025 Technical Indicators

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

When running MYFAIR GOLD's price analysis, check to measure MYFAIR GOLD'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 MYFAIR GOLD is operating at the current time. Most of MYFAIR GOLD's value examination focuses on studying past and present price action to predict the probability of MYFAIR GOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYFAIR GOLD's price. Additionally, you may evaluate how the addition of MYFAIR GOLD to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities