Altura Mining Limited Stock Technical Analysis

ALTAF Stock  USD 0.01  0.01  67.50%   
As of the 22nd of November, Altura Mining shows the Risk Adjusted Performance of 0.1016, mean deviation of 216.73, and Downside Deviation of 66.98. Altura Mining Limited 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 Altura Mining Limited treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Altura Mining Limited is priced correctly, providing market reflects its regular price of 0.0052 per share. As Altura Mining Limited appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Altura Mining Momentum Analysis

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

Altura Mining Limited Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Altura Mining Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Altura Mining Limited Trend Analysis

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

Altura Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Altura Mining Limited applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Altura Mining Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Altura Mining price change compared to its average price change.

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

Altura Mining November 22, 2024 Technical Indicators

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

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