Savannah Resources Plc Stock Technical Analysis

SAVNF Stock  USD 0.04  0.02  27.45%   
As of the 26th of November, Savannah Resources has the Variance of 45.56, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,888). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Savannah Resources Plc, as well as the relationship between them. Please validate Savannah Resources Plc standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Savannah Resources is priced more or less accurately, providing market reflects its prevalent price of 0.0399 per share. As Savannah Resources Plc appears to be a penny stock we also recommend to double-check its jensen alpha numbers.

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

Savannah Resources Plc 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 Savannah Resources Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Savannah Resources Plc Trend Analysis

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

Savannah Resources Best Fit Change Line

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

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

Savannah Resources November 26, 2024 Technical Indicators

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

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