Zoo Digital Group Stock Technical Analysis

ZDGGF Stock  USD 0.47  0.00  0.00%   
As of the 28th of November, ZOO Digital maintains the Risk Adjusted Performance of (0.07), standard deviation of 4.91, and Mean Deviation of 1.66. In relation to fundamental indicators, the technical analysis model lets you check available technical drivers of ZOO Digital Group, as well as the relationship between them. Please check out ZOO Digital Group coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if ZOO Digital Group is priced some-what accurately, providing market reflects its latest price of 0.47 per share. As ZOO Digital Group is a penny stock we also advise to confirm its information ratio numbers.

ZOO Digital Momentum Analysis

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

ZOO Digital 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 ZOO Digital Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ZOO Digital Group Trend Analysis

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

ZOO Digital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ZOO Digital Group applied against its price change over selected period. The best fit line has a slop of   0.0032  , which may suggest that ZOO Digital Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.39, which is the sum of squared deviations for the predicted ZOO Digital price change compared to its average price change.

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

ZOO Digital November 28, 2024 Technical Indicators

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

ZOO Digital 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 ZOO 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 ZOO Pink Sheet analysis

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