Jericho Oil Corp Stock Momentum Indicators Average Directional Movement Index

JEV Stock  CAD 0.17  0.02  10.53%   
Jericho Oil momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Jericho Oil. Jericho Oil value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Jericho Oil are pattern recognition functions that provide distinct formation on Jericho Oil potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fourty-seven with a total number of output elements of fourteen. The average directional index (ADX) measures the strength of a prevailing trend of Jericho Oil Corp and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Jericho Oil ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Jericho Oil Technical Analysis Modules

Most technical analysis of Jericho Oil 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 Jericho from various momentum indicators to cycle indicators. When you analyze Jericho charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Jericho Oil Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Jericho Oil Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jericho Oil Corp based on widely used predictive technical indicators. In general, we focus on analyzing Jericho Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jericho Oil's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Jericho Oil's intrinsic value. In addition to deriving basic predictive indicators for Jericho Oil, we also check how macroeconomic factors affect Jericho Oil price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding187.81852.98767.68806.06
PTB Ratio5.753.43.97.23
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jericho Oil's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.175.70
Details
Intrinsic
Valuation
LowRealHigh
0.010.165.69
Details
Naive
Forecast
LowNextHigh
00.155.68
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.01-0.01-0.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jericho Oil. Your research has to be compared to or analyzed against Jericho Oil's peers to derive any actionable benefits. When done correctly, Jericho Oil's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jericho Oil Corp.

Align your values with your investing style

In addition to having Jericho Oil in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Momentum Idea
Momentum
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 200 shares
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jericho Oil Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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