Chemistree Technology Stock Technical Analysis

CHMJF Stock  USD 0.0006  0.0004  40.00%   
As of the 25th of April, Chemistree Technology shows the risk adjusted performance of 0.0765, and Mean Deviation of 17.31. Chemistree Technology 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 are able to break down nineteen technical drivers for Chemistree Technology, which can be compared to its peers. Please confirm Chemistree Technology downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Chemistree Technology is priced correctly, providing market reflects its regular price of 6.0E-4 per share. As Chemistree Technology appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Chemistree Technology Momentum Analysis

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

Chemistree Technology Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Chemistree Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Chemistree Technology Trend Analysis

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

Chemistree Technology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chemistree Technology applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Chemistree Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Chemistree Technology price change compared to its average price change.

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

Chemistree Technology April 25, 2024 Technical Indicators

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

Chemistree Technology April 25, 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 Chemistree 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 Chemistree Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Chemistree Pink Sheet analysis

When running Chemistree Technology's price analysis, check to measure Chemistree Technology'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 Chemistree Technology is operating at the current time. Most of Chemistree Technology's value examination focuses on studying past and present price action to predict the probability of Chemistree Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemistree Technology's price. Additionally, you may evaluate how the addition of Chemistree Technology to your portfolios can decrease your overall portfolio volatility.
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Please note, there is a significant difference between Chemistree Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemistree Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemistree Technology'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.