Music Licensing Stock Technical Analysis

SONGDelisted Stock  USD 0.04  0.01  50.00%   
As of the 13th of December 2024, Music Licensing secures the Downside Deviation of 18.15, risk adjusted performance of 0.1216, and Mean Deviation of 17.09. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Music Licensing, as well as the relationship between them. Please verify Music Licensing jensen alpha and downside variance to decide if Music Licensing is priced some-what accurately, providing market reflects its recent price of 0.045 per share. As Music Licensing appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Music Licensing Momentum Analysis

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

Music Licensing Technical Analysis

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Music Licensing Trend Analysis

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

Music Licensing Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Music Licensing applied against its price change over selected period. The best fit line has a slop of   0.0002  , which means Music Licensing will continue generating value for investors. It has 100 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Music Licensing price change compared to its average price change.

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

Music Licensing December 13, 2024 Technical Indicators

Most technical analysis of Music 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 Music from various momentum indicators to cycle indicators. When you analyze Music 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Music Pink Sheet

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