Canfor Pulp Products Stock Technical Analysis

CFPUF Stock  USD 0.62  0.04  6.06%   
As of the 23rd of November, Canfor Pulp shows the Risk Adjusted Performance of 0.0316, downside deviation of 8.0, and Mean Deviation of 1.36. Canfor Pulp Products 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 Canfor Pulp Products jensen alpha, as well as the relationship between the potential upside and skewness to decide if Canfor Pulp Products is priced correctly, providing market reflects its regular price of 0.62 per share. As Canfor Pulp Products is a penny stock we also strongly suggest to validate its total risk alpha numbers.

Canfor Pulp Momentum Analysis

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

Canfor Pulp Products 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 Canfor Pulp Products volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Canfor Pulp Products Trend Analysis

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

Canfor Pulp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Canfor Pulp Products applied against its price change over selected period. The best fit line has a slop of    , which means Canfor Pulp Products will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Canfor Pulp price change compared to its average price change.

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

Canfor Pulp November 23, 2024 Technical Indicators

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

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