MCEWEN MINING (Germany) Technical Analysis

US8 Stock   8.20  0.25  3.14%   
As of the 26th of November, MCEWEN MINING secures the Semi Deviation of 3.19, downside deviation of 3.49, and Mean Deviation of 2.49. Compared to fundamental indicators, the technical analysis model lets you check possible technical drivers of MCEWEN MINING INC, as well as the relationship between them. Please verify MCEWEN MINING INC variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if MCEWEN MINING INC is priced fairly, providing market reflects its recent price of 8.2 per share.

MCEWEN MINING Momentum Analysis

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

MCEWEN MINING INC Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 MCEWEN MINING INC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

MCEWEN MINING INC Trend Analysis

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

MCEWEN MINING Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MCEWEN MINING INC applied against its price change over selected period. The best fit line has a slop of   0.01  , which means MCEWEN MINING INC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.51, which is the sum of squared deviations for the predicted MCEWEN MINING price change compared to its average price change.

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

MCEWEN MINING November 26, 2024 Technical Indicators

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

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