China Gold International Stock Technical Analysis

CGG Stock  CAD 8.40  0.10  1.18%   
As of the 17th of April 2024, China Gold shows the Risk Adjusted Performance of 0.1616, mean deviation of 2.11, and Downside Deviation of 2.29. China Gold International 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 analyze and collect data for nineteen technical drivers for China Gold International, which can be compared to its peers. Please confirm China Gold International standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if China Gold International is priced correctly, providing market reflects its regular price of 8.4 per share.

China Gold Momentum Analysis

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

China Gold International Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 China Gold International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

China Gold International Trend Analysis

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

China Gold Best Fit Change Line

The following chart estimates an ordinary least squares regression model for China Gold International applied against its price change over selected period. The best fit line has a slop of   0.07  , which means China Gold International will continue generating value for investors. It has 122 observation points and a regression sum of squares at 185.71, which is the sum of squared deviations for the predicted China Gold price change compared to its average price change.

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

China Gold April 17, 2024 Technical Indicators

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

China Gold April 17, 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 China 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 China Gold International. 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.
Note that the China Gold International information on this page should be used as a complementary analysis to other China Gold's 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for China Stock analysis

When running China Gold's price analysis, check to measure China Gold'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 China Gold is operating at the current time. Most of China Gold's value examination focuses on studying past and present price action to predict the probability of China Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Gold's price. Additionally, you may evaluate how the addition of China Gold to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Fundamental Analysis
View fundamental data based on most recent published financial statements
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Please note, there is a significant difference between China Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Gold'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.