Evergold Corp Stock Technical Analysis

EVGUF Stock  USD 0.01  0  11.11%   
As of the 29th of November, Evergold Corp shows the Standard Deviation of 15.54, mean deviation of 4.81, and Variance of 241.51. Evergold 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. Please confirm Evergold Corp mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if Evergold Corp is priced favorably, providing market reflects its regular price of 0.01 per share. As Evergold Corp appears to be a penny stock we also advise to verify its jensen alpha numbers.

Evergold Corp Momentum Analysis

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

Evergold Corp Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Evergold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Evergold Corp Trend Analysis

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

Evergold Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Evergold Corp applied against its price change over selected period. The best fit line has a slop of   0.0003  , which may suggest that Evergold Corp 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 Evergold Corp price change compared to its average price change.

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

Evergold Corp November 29, 2024 Technical Indicators

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

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