Cannabis Sativa Stock Technical Analysis

CBDS Stock  USD 0.02  0.01  56.73%   
As of the 28th of March, Cannabis Sativa shows the Mean Deviation of 11.32, risk adjusted performance of 0.1066, and Downside Deviation of 13.15. Cannabis Sativa 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 Cannabis Sativa, which can be compared to its rivals. Please confirm Cannabis Sativa coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Cannabis Sativa is priced correctly, providing market reflects its regular price of 0.0163 per share. As Cannabis Sativa appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Cannabis Sativa Momentum Analysis

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

Cannabis Sativa Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Cannabis Sativa volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cannabis Sativa Trend Analysis

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

Cannabis Sativa Best Fit Change Line

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

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

Cannabis Sativa March 28, 2024 Technical Indicators

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

Cannabis Sativa March 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 Cannabis 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 Cannabis Sativa. 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 Cannabis Sativa information on this page should be used as a complementary analysis to other Cannabis Sativa's 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Cannabis OTC Stock analysis

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