Allkem Stock Technical Analysis

OROCFDelisted Stock  USD 6.80  0.10  1.49%   
As of the 19th of April, Allkem shows the Downside Deviation of 3.72, mean deviation of 2.92, and Risk Adjusted Performance of 0.0188. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Allkem, as well as the relationship between them. 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 Allkem, which can be compared to its peers. Please confirm Allkem maximum drawdown, and the relationship between the information ratio and downside variance to decide if Allkem is priced correctly, providing market reflects its regular price of 6.8 per share. Given that Allkem has jensen alpha of (0.01), we suggest you to validate Allkem's prevailing market performance to make sure the company can sustain itself at a future point.

Allkem Momentum Analysis

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

Allkem Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Allkem Trend Analysis

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

Allkem Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Allkem applied against its price change over selected period. The best fit line has a slop of    , which means Allkem will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.58, which is the sum of squared deviations for the predicted Allkem price change compared to its average price change.

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

Allkem April 19, 2024 Technical Indicators

Most technical analysis of Allkem 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 Allkem from various momentum indicators to cycle indicators. When you analyze Allkem 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Allkem information on this page should be used as a complementary analysis to other Allkem'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Allkem Pink Sheet

If you are still planning to invest in Allkem check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Allkem's history and understand the potential risks before investing.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Transaction History
View history of all your transactions and understand their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities