Magellan Gold Corp Stock Technical Analysis

MAGE Stock  USD 0.12  0.00  0.00%   
As of the 26th of November, Magellan Gold secures the Downside Deviation of 13.3, mean deviation of 2.18, and Risk Adjusted Performance of 0.0155. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magellan Gold Corp, as well as the relationship between them. Please verify Magellan Gold Corp standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Magellan Gold Corp is priced some-what accurately, providing market reflects its recent price of 0.12 per share. As Magellan Gold Corp appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Magellan Gold Momentum Analysis

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

Magellan Gold Corp Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Magellan Gold Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Magellan Gold Corp Trend Analysis

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

Magellan Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Magellan Gold Corp applied against its price change over selected period. The best fit line has a slop of   0.0001  , which means Magellan Gold Corp 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 Magellan Gold price change compared to its average price change.

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

Magellan Gold November 26, 2024 Technical Indicators

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

Complementary Tools for Magellan Pink Sheet analysis

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