Eastfield Resources Stock Technical Analysis

ETFLF Stock  USD 0.019  0.0002  1.06%   
As of the 4th of December, Eastfield Resources shows the Coefficient Of Variation of 2291.54, downside deviation of 23.87, and Mean Deviation of 5.9. Eastfield Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 and interpolate nineteen technical drivers for Eastfield Resources, which can be compared to its rivals. Please confirm Eastfield Resources variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Eastfield Resources is priced favorably, providing market reflects its regular price of 0.019 per share. As Eastfield Resources appears to be a penny stock we also advise to verify its total risk alpha numbers.

Eastfield 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 Eastfield, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Eastfield
  
Eastfield 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.
Eastfield 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 Eastfield Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eastfield 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...

Eastfield Resources Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Eastfield Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Eastfield Resources Trend Analysis

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

Eastfield Resources Best Fit Change Line

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

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

Eastfield Resources December 4, 2023 Technical Indicators

Most technical analysis of Eastfield 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 Eastfield from various momentum indicators to cycle indicators. When you analyze Eastfield 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield 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 board of governors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Eastfield Pink Sheet analysis

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