Akita Drilling Stock Technical Analysis

AKTAF Stock  USD 1.15  0.03  2.54%   
As of the 3rd of December, AKITA Drilling shows the Risk Adjusted Performance of 0.0601, semi deviation of 2.18, and Mean Deviation of 1.8. AKITA Drilling technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm AKITA Drilling standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if AKITA Drilling is priced adequately, providing market reflects its regular price of 1.15 per share. Given that AKITA Drilling is a hitting penny stock territory we recommend to closely look at its total risk alpha.

AKITA Drilling Momentum Analysis

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

AKITA Drilling Technical Analysis

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The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 AKITA Drilling volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AKITA Drilling Trend Analysis

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

AKITA Drilling Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AKITA Drilling applied against its price change over selected period. The best fit line has a slop of    , which means AKITA Drilling will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.32, which is the sum of squared deviations for the predicted AKITA Drilling price change compared to its average price change.

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

AKITA Drilling December 3, 2024 Technical Indicators

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

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