Blackstone Minerals Stock Technical Analysis

BLSTF Stock  USD 0.02  0.0008  4.76%   
As of the 23rd of November, Blackstone Minerals shows the mean deviation of 805.9, and Risk Adjusted Performance of 0.1055. Blackstone Minerals 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 Blackstone Minerals standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Blackstone Minerals is priced correctly, providing market reflects its regular price of 0.0176 per share. As Blackstone Minerals appears to be a penny stock we also recommend to validate its sortino ratio numbers.

Blackstone Minerals Momentum Analysis

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

Blackstone Minerals 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 Blackstone Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Blackstone Minerals Trend Analysis

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

Blackstone Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Blackstone Minerals applied against its price change over selected period. The best fit line has a slop of   0.000043  , which means Blackstone Minerals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Blackstone Minerals price change compared to its average price change.

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

Blackstone Minerals November 23, 2024 Technical Indicators

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

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