Pure Energy Minerals Stock Technical Analysis

PEMIF Stock  USD 0.22  0.01  4.76%   
As of the 30th of November, Pure Energy holds the Risk Adjusted Performance of 0.0589, coefficient of variation of 1523.57, and Semi Deviation of 4.21. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pure Energy, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Pure Energy Minerals, which can be compared to its competitors. Please check Pure Energy Minerals information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Pure Energy Minerals is priced some-what accurately, providing market reflects its current price of 0.22 per share. As Pure Energy Minerals appears to be a penny stock we also advise to check out its total risk alpha numbers.

Pure Energy Momentum Analysis

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

Pure Energy Minerals Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Pure Energy Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pure Energy Minerals Trend Analysis

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

Pure Energy Best Fit Change Line

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

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

Pure Energy November 30, 2024 Technical Indicators

Most technical analysis of Pure 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 Pure from various momentum indicators to cycle indicators. When you analyze Pure 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 Pure OTC Stock analysis

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