Rathdowney Resources Stock Technical Analysis

RTH Stock  CAD 0.02  0.00  0.00%   
As of the 26th of May, Rathdowney Resources holds the Risk Adjusted Performance of 0.0415, coefficient of variation of 1827.74, and Variance of 191.72. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rathdowney Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate eleven technical drivers for Rathdowney Resources, which can be compared to its competitors. Please check Rathdowney Resources market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Rathdowney Resources is priced some-what accurately, providing market reflects its current price of 0.02 per share.

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

Rathdowney Resources Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Rathdowney Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rathdowney Resources Trend Analysis

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

Rathdowney Resources Best Fit Change Line

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

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

Rathdowney Resources May 26, 2024 Technical Indicators

Most technical analysis of Rathdowney 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 Rathdowney from various momentum indicators to cycle indicators. When you analyze Rathdowney 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rathdowney 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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