Tullow Oil Plc Stock Technical Analysis

TUWLF Stock  USD 0.29  0.06  26.09%   
As of the 26th of November, Tullow Oil has the Coefficient Of Variation of (1,222), risk adjusted performance of (0.05), and Variance of 22.23. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tullow Oil plc, as well as the relationship between them. Please validate Tullow Oil plc information ratio and skewness to decide if Tullow Oil is priced more or less accurately, providing market reflects its prevalent price of 0.29 per share. As Tullow Oil plc appears to be a penny stock we also recommend to double-check its jensen alpha numbers.

Tullow Oil Momentum Analysis

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

Tullow Oil 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 Tullow Oil plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tullow Oil plc Trend Analysis

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

Tullow Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tullow Oil plc applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that Tullow Oil plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Tullow Oil price change compared to its average price change.

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

Tullow Oil November 26, 2024 Technical Indicators

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

Tullow Oil November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tullow stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Tullow Pink Sheet analysis

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