Electric Royalties Stock Pattern Recognition Modified Hikkake Pattern

ELEC Stock  CAD 0.20  0.01  4.76%   
Electric Royalties pattern recognition tool provides the execution environment for running the Modified Hikkake Pattern recognition and other technical functions against Electric Royalties. Electric Royalties value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Modified Hikkake Pattern recognition function is designed to identify and follow existing trends. Electric Royalties momentum indicators are usually used to generate trading rules based on assumptions that Electric Royalties trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was ten with a total number of output elements of fifty-one. The function did not return any valid pattern recognition events for the selected time horizon. The Modified Hikkake pattern may be used for determining of Electric Royalties market turning-points.

Electric Royalties Technical Analysis Modules

Most technical analysis of Electric Royalties 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 Electric from various momentum indicators to cycle indicators. When you analyze Electric charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Electric Royalties Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electric Royalties. We use our internally-developed statistical techniques to arrive at the intrinsic value of Electric Royalties based on widely used predictive technical indicators. In general, we focus on analyzing Electric Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Electric Royalties's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Electric Royalties's intrinsic value. In addition to deriving basic predictive indicators for Electric Royalties, we also check how macroeconomic factors affect Electric Royalties price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Days Sales Outstanding209.62186.33
PTB Ratio1.742.85
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Electric Royalties' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.010.205.90
Details
Intrinsic
Valuation
LowRealHigh
0.010.195.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Electric Royalties. Your research has to be compared to or analyzed against Electric Royalties' peers to derive any actionable benefits. When done correctly, Electric Royalties' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Electric Royalties.

Align your values with your investing style

In addition to having Electric Royalties in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Chemicals Idea
Chemicals
Invested over 30 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 70 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electric Royalties. 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 Electric Royalties information on this page should be used as a complementary analysis to other Electric Royalties' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Electric Stock analysis

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