Gungnir Resources Stock Technical Analysis

GUG Stock  CAD 0.03  0.01  16.67%   
As of the 27th of November, Gungnir Resources retains the Market Risk Adjusted Performance of (0.50), downside deviation of 27.39, and Risk Adjusted Performance of 0.0552. Gungnir Resources 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. Please check out Gungnir Resources jensen alpha, as well as the relationship between the potential upside and skewness to decide if Gungnir Resources is priced fairly, providing market reflects its last-minute price of 0.025 per share.

Gungnir Resources Momentum Analysis

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

Gungnir Resources Technical Analysis

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The output start index for this execution was four with a total number of output elements of fifty-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 Gungnir Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Gungnir Resources Trend Analysis

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

Gungnir Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gungnir Resources applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Gungnir Resources 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 Gungnir Resources price change compared to its average price change.

About Gungnir Resources 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 Gungnir Resources 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 Gungnir Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gungnir Resources price pattern first instead of the macroeconomic environment surrounding Gungnir Resources. By analyzing Gungnir Resources'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 Gungnir Resources'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 Gungnir Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Days Sales Outstanding4.4K2.3K
PTB Ratio0.711.27

Gungnir Resources November 27, 2024 Technical Indicators

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

Gungnir Resources November 27, 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 Gungnir 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.

Additional Tools for Gungnir Stock Analysis

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