Aluminum Stock Technical Analysis

ALMMF Stock  USD 0.59  0.04  6.35%   
As of the 28th of March, Aluminum shows the Mean Deviation of 2.68, risk adjusted performance of 0.0769, and Downside Deviation of 6.3. Aluminum 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 have collected data for nineteen technical drivers for Aluminum, which can be compared to its rivals. Please confirm Aluminum variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Aluminum is priced correctly, providing market reflects its regular price of 0.59 per share. As Aluminum is a penny stock we also strongly suggest to validate its total risk alpha numbers.

Aluminum Momentum Analysis

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

Aluminum Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Aluminum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Aluminum Trend Analysis

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

Aluminum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aluminum applied against its price change over selected period. The best fit line has a slop of    , which means Aluminum will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.2, which is the sum of squared deviations for the predicted Aluminum price change compared to its average price change.

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

Aluminum March 28, 2024 Technical Indicators

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

Aluminum 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 Aluminum 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 Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Aluminum Pink Sheet analysis

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