Greenfirst Forest Products Stock Technical Analysis

GFP Stock   5.60  0.01  0.18%   
As of the 26th of November, GreenFirst Forest retains the Risk Adjusted Performance of 0.1472, market risk adjusted performance of (0.60), and Downside Deviation of 4.33. GreenFirst Forest technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

GreenFirst Forest Momentum Analysis

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

GreenFirst Forest 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 GreenFirst Forest volatility. High ATR values indicate high volatility, and low values indicate low volatility.

GreenFirst Forest Trend Analysis

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

GreenFirst Forest Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GreenFirst Forest Products applied against its price change over selected period. The best fit line has a slop of   0.03  , which means GreenFirst Forest Products will continue generating value for investors. It has 122 observation points and a regression sum of squares at 35.04, which is the sum of squared deviations for the predicted GreenFirst Forest price change compared to its average price change.

About GreenFirst Forest 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 GreenFirst Forest Products 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 GreenFirst Forest Products based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on GreenFirst Forest price pattern first instead of the macroeconomic environment surrounding GreenFirst Forest. By analyzing GreenFirst Forest'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 GreenFirst Forest'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 GreenFirst Forest specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.02610.02350.0209
Price To Sales Ratio7.693.976.5

GreenFirst Forest November 26, 2024 Technical Indicators

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

GreenFirst Forest November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as GreenFirst stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in GreenFirst Stock

GreenFirst Forest financial ratios help investors to determine whether GreenFirst 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 GreenFirst with respect to the benefits of owning GreenFirst Forest security.