Greenway Technologies Stock Technical Analysis

GWTI Stock  USD 0.01  0  31.03%   
As of the 26th of February, Greenway Technologies retains the Standard Deviation of 18.95, market risk adjusted performance of 0.009, and Risk Adjusted Performance of 0.0097. Greenway Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for twelve technical drivers for Greenway Technologies, which can be compared to its competitors. Please check out Greenway Technologies mean deviation and treynor ratio to decide if Greenway Technologies is priced fairly, providing market reflects its last-minute price of 0.01 per share. As Greenway Technologies appears to be a penny stock we also urge to confirm its jensen alpha numbers.

Greenway Technologies Momentum Analysis

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

Greenway Technologies Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was five with a total number of output elements of fifty-six. 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 Greenway Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
.

Greenway Technologies Trend Analysis

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

Greenway Technologies Best Fit Change Line

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

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

Greenway Technologies February 26, 2024 Technical Indicators

Most technical analysis of Greenway 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 Greenway from various momentum indicators to cycle indicators. When you analyze Greenway 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenway Technologies. Also, note that the market value of any OTC Stock could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Greenway OTC Stock analysis

When running Greenway Technologies' price analysis, check to measure Greenway Technologies' 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 Greenway Technologies is operating at the current time. Most of Greenway Technologies' value examination focuses on studying past and present price action to predict the probability of Greenway Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Greenway Technologies' price. Additionally, you may evaluate how the addition of Greenway Technologies to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Please note, there is a significant difference between Greenway Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenway Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenway Technologies' 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.