Bluestone Resources Stock Technical Analysis

BBSRF Stock  USD 0.22  0.01  4.76%   
As of the 24th of November, Bluestone Resources shows the Risk Adjusted Performance of 0.0118, mean deviation of 3.81, and Downside Deviation of 6.95. Bluestone Resources 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Bluestone Resources, which can be compared to its peers. Please confirm Bluestone Resources variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Bluestone Resources is priced correctly, providing market reflects its regular price of 0.22 per share. As Bluestone Resources appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Bluestone Resources Momentum Analysis

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

Bluestone Resources Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Bluestone Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bluestone Resources Trend Analysis

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

Bluestone Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bluestone Resources applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Bluestone Resources 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 Bluestone Resources price change compared to its average price change.

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

Bluestone Resources November 24, 2024 Technical Indicators

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

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