JERICHO OIL (Germany) Technical Analysis

JLM Stock   0.08  0.01  6.29%   

JERICHO OIL Momentum Analysis

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

JERICHO OIL 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 JERICHO OIL volatility. High ATR values indicate high volatility, and low values indicate low volatility.

JERICHO OIL Trend Analysis

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

JERICHO OIL Best Fit Change Line

The following chart estimates an ordinary least squares regression model for JERICHO OIL applied against its price change over selected period. The best fit line has a slop of   0.000046  , which means JERICHO OIL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted JERICHO OIL price change compared to its average price change.

JERICHO OIL November 28, 2024 Technical Indicators

Most technical analysis of JERICHO 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 JERICHO from various momentum indicators to cycle indicators. When you analyze JERICHO 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 JERICHO Stock Analysis

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