Auxly Cannabis Group Stock Technical Analysis

XLY Stock  CAD 0.04  0  7.14%   
As of the 28th of November, Auxly Cannabis shows the Downside Deviation of 12.59, risk adjusted performance of 0.016, and Mean Deviation of 7.06. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Auxly Cannabis, as well as the relationship between them.

Auxly Cannabis Momentum Analysis

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

Auxly Cannabis Group Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Auxly Cannabis Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Auxly Cannabis Group Trend Analysis

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

Auxly Cannabis Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Auxly Cannabis Group applied against its price change over selected period. The best fit line has a slop of   0.000047  , which means Auxly Cannabis Group 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 Auxly Cannabis price change compared to its average price change.

About Auxly Cannabis 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 Auxly Cannabis Group 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 Auxly Cannabis Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Auxly Cannabis Group price pattern first instead of the macroeconomic environment surrounding Auxly Cannabis Group. By analyzing Auxly Cannabis'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 Auxly Cannabis'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 Auxly Cannabis specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover2.112.321.932.23
Days Of Inventory On Hand333.34259.66143.75136.56

Auxly Cannabis November 28, 2024 Technical Indicators

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

Auxly Cannabis November 28, 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 Auxly 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.

Other Information on Investing in Auxly Stock

Auxly Cannabis financial ratios help investors to determine whether Auxly Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Auxly with respect to the benefits of owning Auxly Cannabis security.