Earthstone Energy Stock Technical Analysis

ESTEDelisted Stock  USD 15.32  0.32  2.13%   
Earthstone Energy 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.

Earthstone Energy Momentum Analysis

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

Earthstone Energy Technical Analysis

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Earthstone Energy Trend Analysis

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

Earthstone Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Earthstone Energy applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Earthstone Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.41, which is the sum of squared deviations for the predicted Earthstone Energy price change compared to its average price change.

About Earthstone Energy 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 Earthstone Energy 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 Earthstone Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Earthstone Energy price pattern first instead of the macroeconomic environment surrounding Earthstone Energy. By analyzing Earthstone Energy'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 Earthstone Energy'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 Earthstone Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Earthstone Stock

If you are still planning to invest in Earthstone Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Earthstone Energy's history and understand the potential risks before investing.
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