Avance Gas Holding Stock Technical Analysis

AVACF Stock  USD 11.87  0.32  2.77%   
As of the 28th of March, Avance Gas shows the risk adjusted performance of (0.02), and Mean Deviation of 2.98. Avance Gas Holding 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 thirteen technical drivers for Avance Gas Holding, which can be compared to its rivals. Please confirm Avance Gas Holding information ratio, and the relationship between the coefficient of variation and value at risk to decide if Avance Gas Holding is priced correctly, providing market reflects its regular price of 11.87 per share. Given that Avance Gas has information ratio of (0.08), we suggest you to validate Avance Gas Holding's prevailing market performance to make sure the company can sustain itself at a future point.

Avance Gas Momentum Analysis

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

Avance Gas Holding 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 Avance Gas Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Avance Gas Holding Trend Analysis

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

Avance Gas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Avance Gas Holding applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Avance Gas Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 65.5, which is the sum of squared deviations for the predicted Avance Gas price change compared to its average price change.

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

Avance Gas March 28, 2024 Technical Indicators

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

Avance Gas 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 Avance 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 Avance Gas Holding. 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 Avance Gas Holding information on this page should be used as a complementary analysis to other Avance Gas' 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Avance Pink Sheet analysis

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