Azucar Minerals Stock Technical Analysis

AXDDF Stock  USD 0.04  0  5.41%   
As of the 25th of April, Azucar Minerals shows the Downside Deviation of 11.69, risk adjusted performance of 0.0393, and Mean Deviation of 5.51. Azucar Minerals technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Azucar Minerals, which can be compared to its peers. Please confirm Azucar Minerals treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Azucar Minerals is priced correctly, providing market reflects its regular price of 0.035 per share. As Azucar Minerals appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Azucar Minerals Momentum Analysis

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

Azucar Minerals Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Azucar Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Azucar Minerals Trend Analysis

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

Azucar Minerals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Azucar Minerals applied against its price change over selected period. The best fit line has a slop of   0.000097  , which means Azucar Minerals 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 Azucar Minerals price change compared to its average price change.

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

Azucar Minerals April 25, 2024 Technical Indicators

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

Azucar Minerals April 25, 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 Azucar 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azucar Minerals. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Azucar Minerals information on this page should be used as a complementary analysis to other Azucar Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Azucar OTC Stock analysis

When running Azucar Minerals' price analysis, check to measure Azucar Minerals' 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 Azucar Minerals is operating at the current time. Most of Azucar Minerals' value examination focuses on studying past and present price action to predict the probability of Azucar Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azucar Minerals' price. Additionally, you may evaluate how the addition of Azucar Minerals to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Azucar Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Azucar Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azucar Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.