Matador Mining Limited Stock Technical Analysis

MZZMFDelisted Stock  USD 0.06  0.00  0.00%   
As of the 23rd of November, Matador Mining secures the Mean Deviation of 6.11, risk adjusted performance of 0.0712, and Downside Deviation of 15.98. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matador Mining, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have collected data for nineteen technical drivers for Matador Mining, which can be compared to its peers in the industry. Please verify Matador Mining information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Matador Mining Limited is priced some-what accurately, providing market reflects its recent price of 0.0648 per share. As Matador Mining appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Matador Mining Momentum Analysis

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

Matador Mining Technical Analysis

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Matador Mining Trend Analysis

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

Matador Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Matador Mining Limited applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Matador Mining Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Matador Mining price change compared to its average price change.

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

Matador Mining November 23, 2024 Technical Indicators

Most technical analysis of Matador 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 Matador from various momentum indicators to cycle indicators. When you analyze Matador 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population.
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 Matador OTC Stock

If you are still planning to invest in Matador Mining 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 Matador Mining's history and understand the potential risks before investing.
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