Galaxy Entertainment Group Stock Technical Analysis

GXYYY Stock  USD 21.00  0.07  0.33%   
As of the 23rd of November, Galaxy Entertainment retains the Market Risk Adjusted Performance of (0.35), downside deviation of 3.43, and Risk Adjusted Performance of 0.0391. Galaxy Entertainment 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.

Galaxy Entertainment Momentum Analysis

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

Galaxy Entertainment 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 Galaxy Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Galaxy Entertainment Trend Analysis

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

Galaxy Entertainment Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Galaxy Entertainment Group applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Galaxy Entertainment Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 128.66, which is the sum of squared deviations for the predicted Galaxy Entertainment price change compared to its average price change.

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

Galaxy Entertainment November 23, 2024 Technical Indicators

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

Additional Tools for Galaxy Pink Sheet Analysis

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