Mmex Resources Corp Stock Technical Analysis

MMEX Stock  USD 0.0001  0.00  0.00%   
As of the 31st of January, MMEX Resources secures the mean deviation of 97.55, and Risk Adjusted Performance of 0.1849. In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of MMEX Resources Corp, as well as the relationship between them.

MMEX Resources Momentum Analysis

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

MMEX Resources Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 MMEX Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MMEX Resources Corp Trend Analysis

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

MMEX Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MMEX Resources Corp applied against its price change over selected period. The best fit line has a slop of   0.00000112  , which means MMEX Resources 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 MMEX Resources price change compared to its average price change.

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

MMEX Resources January 31, 2025 Technical Indicators

Most technical analysis of MMEX 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 MMEX from various momentum indicators to cycle indicators. When you analyze MMEX 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 MMEX Pink Sheet Analysis

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