Eco Tek Group Stock Technical Analysis

ETEK Stock  USD 0.0002  0.0001  33.33%   
As of the 27th of November, Eco Tek shows the Mean Deviation of 20.65, downside deviation of 40.48, and Coefficient Of Variation of 720.59. Eco Tek Group 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.

Eco Tek Momentum Analysis

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

Eco Tek Group Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Eco Tek Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Eco Tek Group Trend Analysis

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

Eco Tek Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Eco Tek Group applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Eco Tek Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Eco Tek price change compared to its average price change.

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

Eco Tek November 27, 2024 Technical Indicators

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

Eco Tek financial ratios help investors to determine whether Eco Pink Sheet 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 Eco with respect to the benefits of owning Eco Tek security.