Cathedral Energy Services Stock Technical Analysis

CET Stock  CAD 0.87  0.01  1.16%   
As of the 21st of April, Cathedral Energy shows the Downside Deviation of 2.72, risk adjusted performance of 0.0756, and Mean Deviation of 1.65. Cathedral Energy Services 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 interpolate and analyze data for nineteen technical drivers for Cathedral Energy Services, which can be compared to its peers. Please confirm Cathedral Energy Services variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Cathedral Energy Services is priced correctly, providing market reflects its regular price of 0.87 per share.

Cathedral Energy Momentum Analysis

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

Cathedral Energy Services Technical Analysis

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The output start index for this execution was six with a total number of output elements of fifty-five. 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 Cathedral Energy Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cathedral Energy Services Trend Analysis

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

Cathedral Energy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cathedral Energy Services applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Cathedral Energy Services 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 Cathedral Energy price change compared to its average price change.

About Cathedral Energy 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 Cathedral Energy Services 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 Cathedral Energy Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cathedral Energy Services price pattern first instead of the macroeconomic environment surrounding Cathedral Energy Services. By analyzing Cathedral Energy'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 Cathedral Energy'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 Cathedral Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio0.931.77
Dividend Yield0.380.4

Cathedral Energy April 21, 2024 Technical Indicators

Most technical analysis of Cathedral 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 Cathedral from various momentum indicators to cycle indicators. When you analyze Cathedral 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathedral Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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