Independence Contract Drilling Stock Technical Analysis

As of the 29th of November, Independence Contract retains the Standard Deviation of 8.91, risk adjusted performance of (0.12), and Market Risk Adjusted Performance of 1.49. Independence Contract 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 Independence Contract variance, as well as the relationship between the maximum drawdown and skewness to decide if Independence Contract is priced fairly, providing market reflects its last-minute price of 0.0 per share.

Independence Contract Momentum Analysis

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

Independence Contract Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Independence Contract Trend Analysis

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

Independence Contract Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Independence Contract Drilling applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in Independence Contract Drilling will continue to fail. It has 122 observation points and a regression sum of squares at 10.39, which is the sum of squared deviations for the predicted Independence Contract price change compared to its average price change.

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

Independence Contract November 29, 2024 Technical Indicators

Most technical analysis of Independence 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 Independence from various momentum indicators to cycle indicators. When you analyze Independence 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Independence Stock

If you are still planning to invest in Independence Contract check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independence Contract's history and understand the potential risks before investing.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules