Hannan Metals Stock Technical Analysis

HANNF Stock  USD 0.43  0.01  2.38%   
As of the 28th of November, Hannan Metals retains the Market Risk Adjusted Performance of (0.43), downside deviation of 5.42, and Risk Adjusted Performance of 0.0259. Hannan Metals 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 Hannan Metals jensen alpha, as well as the relationship between the potential upside and skewness to decide if Hannan Metals is priced fairly, providing market reflects its last-minute price of 0.43 per share. As Hannan Metals is a penny stock we also advise to confirm its total risk alpha numbers.

Hannan Metals Momentum Analysis

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

Hannan Metals Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Hannan Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hannan Metals Trend Analysis

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

Hannan Metals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hannan Metals applied against its price change over selected period. The best fit line has a slop of   0.0018  , which may suggest that Hannan Metals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Hannan Metals price change compared to its average price change.

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

Hannan Metals November 28, 2024 Technical Indicators

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

Hannan Metals November 28, 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 Hannan 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.

Complementary Tools for Hannan Pink Sheet analysis

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