Cnooc Technical Analysis

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CEOHF -- USA Stock  

USD 1.09  0.02  1.80%

As of the 14th of July 2020, Cnooc shows the mean deviation of 1.33, downside deviation of 9.32, and risk adjusted performance of 0.0173. Cnooc Ltd Hong 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 nineteen technical drivers for Cnooc Ltd Hong, which can be compared to its rivals. Please confirm Cnooc Ltd Hong downside variance, skewness, as well as the relationship between the maximum drawdown and information ratio to decide if Cnooc Ltd Hong is priced correctly, providing market reflects its regular price of 1.09 per share. Given that Cnooc is a hitting penny stock territory we recommend to closely look at its total risk alpha.

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Cnooc technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Cnooc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cnooc 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...

Cnooc Ltd Hong Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Cnooc Ltd Hong volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Cnooc Ltd Hong Trend Analysis

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

Cnooc Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cnooc Ltd Hong applied against its price change over selected period. The best fit line has a slop of   0.001907  , which means Cnooc Ltd Hong will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted Cnooc price change compared to its average price change.

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

Cnooc July 14, 2020 Technical Indicators

Most technical analysis of Cnooc stock 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 Cnooc from various momentum indicators to cycle indicators. When you analyze Cnooc 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.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.0173
Market Risk Adjusted Performance(0.17)
Mean Deviation1.33
Semi Deviation3.07
Downside Deviation9.32
Coefficient Of Variation14584.54
Standard Deviation3.55
Variance12.6
Information Ratio(0.035928)
Jensen Alpha0.0256
Total Risk Alpha(0.26)
Sortino Ratio(0.013683)
Treynor Ratio(0.18)
Maximum Drawdown25.34
Value At Risk(2.54)
Potential Upside5.41
Downside Variance86.89
Semi Variance9.45
Expected Short fall(4.40)
Skewness(1.99)
Kurtosis12.45
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