Condor Resources Stock Technical Analysis
CNRIF Stock | USD 0.11 0.01 10.00% |
As of the 29th of November, Condor Resources shows the Mean Deviation of 2.72, standard deviation of 5.42, and Risk Adjusted Performance of (0.02). Condor 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. Please confirm Condor Resources variance and value at risk to decide if Condor Resources is priced correctly, providing market reflects its regular price of 0.11 per share. As Condor Resources appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Condor 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 Condor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CondorCondor |
Condor Resources 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.
Condor Resources Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Condor Resources Trend Analysis
Use this graph to draw trend lines for Condor Resources. You can use it to identify possible trend reversals for Condor 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 Condor Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Condor Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Condor Resources applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Condor Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Condor Resources price change compared to its average price change.About Condor 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 Condor 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 Condor Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Condor Resources price pattern first instead of the macroeconomic environment surrounding Condor Resources. By analyzing Condor 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 Condor 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 Condor Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Condor Resources November 29, 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.02) | |||
Market Risk Adjusted Performance | 0.2224 | |||
Mean Deviation | 2.72 | |||
Coefficient Of Variation | (2,454) | |||
Standard Deviation | 5.42 | |||
Variance | 29.39 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (1.05) | |||
Treynor Ratio | 0.2124 | |||
Maximum Drawdown | 33.57 | |||
Value At Risk | (9.09) | |||
Potential Upside | 10.0 | |||
Skewness | 0.4689 | |||
Kurtosis | 3.69 |
Complementary Tools for Condor Pink Sheet analysis
When running Condor Resources' price analysis, check to measure Condor 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 Condor Resources is operating at the current time. Most of Condor Resources' value examination focuses on studying past and present price action to predict the probability of Condor Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Condor Resources' price. Additionally, you may evaluate how the addition of Condor Resources to your portfolios can decrease your overall portfolio volatility.
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