GraniteShares (UK) Technical Analysis

SPP3 Etf   161.25  3.10  1.89%   

GraniteShares Momentum Analysis

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

GraniteShares 3x Short Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 GraniteShares 3x Short volatility. High ATR values indicate high volatility, and low values indicate low volatility.

GraniteShares 3x Short Trend Analysis

Use this graph to draw trend lines for GraniteShares 3x Short. You can use it to identify possible trend reversals for GraniteShares 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 GraniteShares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

GraniteShares Best Fit Change Line

The following chart estimates an ordinary least squares regression model for GraniteShares 3x Short applied against its price change over selected period. The best fit line has a slop of   2.4  , which may suggest that GraniteShares 3x Short market price will keep on failing further. It has 122 observation points and a regression sum of squares at 218142.82, which is the sum of squared deviations for the predicted GraniteShares price change compared to its average price change.

GraniteShares November 22, 2024 Technical Indicators

Most technical analysis of GraniteShares 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 GraniteShares from various momentum indicators to cycle indicators. When you analyze GraniteShares 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.