Endeavour Mining Corp Stock Technical Analysis

EDV Stock  CAD 27.63  0.46  1.64%   
As of the 26th of November, Endeavour Mining shows the Variance of 6.8, standard deviation of 2.61, and Coefficient Of Variation of (9,957). Endeavour Mining Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Endeavour Mining Momentum Analysis

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

Endeavour Mining Corp Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Endeavour Mining Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Endeavour Mining Corp Trend Analysis

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

Endeavour Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Endeavour Mining Corp applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Endeavour Mining Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 29.88, which is the sum of squared deviations for the predicted Endeavour Mining price change compared to its average price change.

About Endeavour Mining 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 Endeavour Mining Corp 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 Endeavour Mining Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Endeavour Mining Corp price pattern first instead of the macroeconomic environment surrounding Endeavour Mining Corp. By analyzing Endeavour Mining'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 Endeavour Mining'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 Endeavour Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.03170.03630.0381
Price To Sales Ratio2.092.612.48

Endeavour Mining November 26, 2024 Technical Indicators

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

Endeavour Mining financial ratios help investors to determine whether Endeavour 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 Endeavour with respect to the benefits of owning Endeavour Mining security.