Arrow Exploration Corp Stock Technical Analysis

AXL Stock  CAD 0.41  0.01  2.38%   
As of the 2nd of December, Arrow Exploration shows the Risk Adjusted Performance of (0.11), mean deviation of 2.31, and Standard Deviation of 3.14. Arrow Exploration Corp 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 Arrow Exploration Corp information ratio and potential upside to decide if Arrow Exploration Corp is priced correctly, providing market reflects its regular price of 0.41 per share.

Arrow Exploration Momentum Analysis

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

Arrow Exploration Corp 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 Arrow Exploration Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Arrow Exploration Corp Trend Analysis

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

Arrow Exploration Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Arrow Exploration Corp applied against its price change over selected period. The best fit line has a slop of   0.0022  , which may suggest that Arrow Exploration Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Arrow Exploration price change compared to its average price change.

About Arrow Exploration 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 Arrow Exploration 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 Arrow Exploration Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Arrow Exploration Corp price pattern first instead of the macroeconomic environment surrounding Arrow Exploration Corp. By analyzing Arrow Exploration'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 Arrow Exploration'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 Arrow Exploration specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Days Sales Outstanding43.7116.1515.34
PTB Ratio2.311.432.2

Arrow Exploration December 2, 2024 Technical Indicators

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

Additional Tools for Arrow Stock Analysis

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