Euro Sun Mining Stock Technical Analysis

CPNFF Stock  USD 0.04  0.0001  0.24%   
As of the 24th of April, Euro Sun shows the Downside Deviation of 11.8, mean deviation of 6.67, and Coefficient Of Variation of 793.46. Euro Sun Mining technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 analyze and collect data for nineteen technical drivers for Euro Sun Mining, which can be compared to its peers. Please confirm Euro Sun Mining jensen alpha and the relationship between the value at risk and kurtosis to decide if Euro Sun Mining is priced favorably, providing market reflects its regular price of 0.0421 per share. As Euro Sun Mining appears to be a penny stock we also advise to verify its total risk alpha numbers.

Euro Sun Momentum Analysis

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

Euro Sun Mining Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Euro Sun Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Euro Sun Mining Trend Analysis

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

Euro Sun Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Euro Sun Mining applied against its price change over selected period. The best fit line has a slop of   0.0003  , which means Euro Sun Mining 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 Euro Sun price change compared to its average price change.

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

Euro Sun April 24, 2024 Technical Indicators

Most technical analysis of Euro 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 Euro from various momentum indicators to cycle indicators. When you analyze Euro 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Euro Sun Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Euro Sun Mining information on this page should be used as a complementary analysis to other Euro Sun'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Euro Pink Sheet analysis

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