Spearmint Resources Stock Technical Analysis

SPMTF Stock  USD 0.01  0  19.02%   
As of the 28th of March, Spearmint Resources has the Coefficient Of Variation of 4875.16, semi deviation of 9.75, and Risk Adjusted Performance of 0.0209. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spearmint Resources, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Spearmint Resources, which can be compared to its competition. Please validate Spearmint Resources information ratio, as well as the relationship between the potential upside and kurtosis to decide if Spearmint Resources is priced more or less accurately, providing market reflects its prevalent price of 0.0149 per share. As Spearmint Resources appears to be a penny stock we also recommend to double-check its total risk alpha numbers.

Spearmint Resources Momentum Analysis

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

Spearmint Resources Technical Analysis

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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 Spearmint Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spearmint Resources Trend Analysis

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

Spearmint Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spearmint Resources applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Spearmint Resources 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 Spearmint Resources price change compared to its average price change.

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

Spearmint Resources March 28, 2024 Technical Indicators

Most technical analysis of Spearmint 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 Spearmint from various momentum indicators to cycle indicators. When you analyze Spearmint 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spearmint Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Spearmint Pink Sheet analysis

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