Continental Gold Technical Analysis

Continental Gold Inc -- Canada Stock  

CAD 3.61  0.13  3.48%

Continental Gold Inc shows Downside Deviation of 1.84, Risk Adjusted Performance of 0.1084 and Mean Deviation of 2.49. Continental Gold Inc 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 future prices. In plain English 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 found nineteen technical drivers for Continental Gold Inc which can be compared to its rivals. Please confirm Continental Gold Inc Jensen Alpha as well as the relationship between Potential Upside and Skewness to decide if Continental Gold Inc is priced correctly providing market reflects its regular price of 3.61 per share.
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Continental Gold Inc Technical Analysis

Time Period
  Portfolio Suggestion    
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The output start index for this execution was six with a total number of output elements of eleven. 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 Continental Gold Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Continental Gold Inc Trend Analysis

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

Continental Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Continental Gold Inc applied against its price change over selected period. The best fit line has a slop of 0.027721 % which means Continental Gold Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.63, which is the sum of squared deviations for the predicted Continental Gold price change compared to its average price change.

Current Sentiment - CNL

Continental Gold Inc Investor Sentiment
Most of Macroaxis users are currently bullish on Continental Gold Inc. What is your opinion about investing in Continental Gold Inc? Are you bullish or bearish?
98% Bullish
2% Bearish
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Continental Gold Inc is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about  1.23  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Continental Gold Inc is roughly  1.23