Ximen Mining Corp Stock Technical Analysis

XXMMF Stock  USD 0.06  0  5.74%   
As of the 22nd of November, Ximen Mining maintains the Market Risk Adjusted Performance of (0.05), mean deviation of 1.88, and Standard Deviation of 6.8. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Ximen Mining Corp, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have collected data for thirteen technical drivers for Ximen Mining Corp, which can be compared to its peers. Please check out Ximen Mining Corp market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Ximen Mining Corp is priced fairly, providing market reflects its latest price of 0.0645 per share. As Ximen Mining Corp appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Ximen 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 Ximen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ximen
  
Ximen 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.
Ximen Mining 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 Ximen Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ximen 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...

Ximen Mining Corp Technical Analysis

Indicator
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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 Ximen Mining Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ximen Mining Corp Trend Analysis

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

Ximen Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ximen Mining Corp applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Ximen Mining Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Ximen Mining price change compared to its average price change.

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

Ximen Mining November 22, 2024 Technical Indicators

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

When running Ximen Mining's price analysis, check to measure Ximen 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 Ximen Mining is operating at the current time. Most of Ximen Mining's value examination focuses on studying past and present price action to predict the probability of Ximen 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 Ximen Mining's price. Additionally, you may evaluate how the addition of Ximen Mining to your portfolios can decrease your overall portfolio volatility.
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