Red Light Holland Stock Technical Analysis

TRUFF Stock  USD 0.03  0.0002  0.62%   
As of the 27th of November, Red Light holds the Semi Deviation of 5.86, coefficient of variation of 2102.06, and Risk Adjusted Performance of 0.0453. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Red Light, 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 analyze and collect data for nineteen technical drivers for Red Light Holland, which can be compared to its competitors. Please check Red Light Holland variance, as well as the relationship between the maximum drawdown and semi variance to decide if Red Light Holland is priced some-what accurately, providing market reflects its current price of 0.0318 per share. As Red Light Holland appears to be a penny stock we also advise to check out its total risk alpha numbers.

Red Light Momentum Analysis

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

Red Light Holland Technical Analysis

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The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Red Light Holland volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Red Light Holland Trend Analysis

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

Red Light Best Fit Change Line

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

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

Red Light November 27, 2024 Technical Indicators

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

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