Romios Gold Resources Stock Technical Analysis

RMIOF Stock  USD 0.01  0  27.00%   
As of the 13th of December 2024, Romios Gold holds the Variance of 394.59, coefficient of variation of 1795.95, and Risk Adjusted Performance of 0.0501. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Romios Gold, as well as the relationship between them. Please check Romios Gold Resources risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Romios Gold Resources is priced some-what accurately, providing market reflects its current price of 0.0073 per share. As Romios Gold Resources appears to be a penny stock we also advise to check out its information ratio numbers.

Romios 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 Romios, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Romios
  
Romios 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.
Romios 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 Romios Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Romios 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...

Romios Gold Resources Technical Analysis

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The output start index for this execution was fifty-two with a total number of output elements of nine. 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 Romios Gold Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Romios Gold Resources Trend Analysis

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

Romios Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Romios Gold Resources applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Romios Gold Resources 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 Romios Gold price change compared to its average price change.

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

Romios Gold December 13, 2024 Technical Indicators

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

When running Romios Gold's price analysis, check to measure Romios 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 Romios Gold is operating at the current time. Most of Romios Gold's value examination focuses on studying past and present price action to predict the probability of Romios 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 Romios Gold's price. Additionally, you may evaluate how the addition of Romios Gold to your portfolios can decrease your overall portfolio volatility.
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