Condor Energies Stock Technical Analysis

CDR Stock   2.39  0.02  0.84%   
As of the 27th of November, Condor Energies shows the Downside Deviation of 2.74, mean deviation of 2.75, and Risk Adjusted Performance of 0.085. Condor Energies 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.

Condor Energies Momentum Analysis

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

Condor Energies Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Condor Energies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Condor Energies Trend Analysis

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

Condor Energies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Condor Energies applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Condor Energies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 8.66, which is the sum of squared deviations for the predicted Condor Energies price change compared to its average price change.

About Condor Energies 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 Condor Energies 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 Condor Energies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Condor Energies price pattern first instead of the macroeconomic environment surrounding Condor Energies. By analyzing Condor Energies'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 Condor Energies'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 Condor Energies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover2.471.328.478.9
Days Of Inventory On Hand5.9814.333.743.55

Condor Energies November 27, 2024 Technical Indicators

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

Other Information on Investing in Condor Stock

Condor Energies financial ratios help investors to determine whether Condor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Condor with respect to the benefits of owning Condor Energies security.