Egf Theramed Health Stock Technical Analysis

EVAHF Stock  USD 0.21  0.02  10.53%   
As of the 24th of November, EGF Theramed shows the mean deviation of 26.06, and Standard Deviation of 80.11. EGF Theramed Health 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. Please confirm EGF Theramed Health variance, as well as the relationship between the maximum drawdown and skewness to decide if EGF Theramed Health is priced some-what accurately, providing market reflects its regular price of 0.21 per share. As EGF Theramed Health appears to be a penny stock we also advise to verify its jensen alpha numbers.

EGF Theramed Momentum Analysis

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

EGF Theramed Health 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 EGF Theramed Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EGF Theramed Health Trend Analysis

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

EGF Theramed Best Fit Change Line

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

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

EGF Theramed November 24, 2024 Technical Indicators

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

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