Trecora Resources Stock Technical Analysis

TRECDelisted Stock  USD 9.81  0.00  0.00%   
As of the 16th of April 2024, Trecora Resources has the Semi Deviation of 2.02, risk adjusted performance of 0.0583, and Coefficient Of Variation of 1257.99. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trecora Resources, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Trecora Resources, which can be compared to its competition. Please validate Trecora Resources standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Trecora Resources is priced more or less accurately, providing market reflects its prevalent price of 9.81 per share. Given that Trecora Resources has jensen alpha of 0.2958, we advise you to double-check Trecora Resources's current market performance to make sure the company can sustain itself at a future point.

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

Trecora Resources Technical Analysis

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Trecora Resources Trend Analysis

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

Trecora Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trecora Resources applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Trecora Resources will continue generating value for investors. It has 120 observation points and a regression sum of squares at 35.05, which is the sum of squared deviations for the predicted Trecora Resources price change compared to its average price change.

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

Trecora Resources April 16, 2024 Technical Indicators

Most technical analysis of Trecora 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 Trecora from various momentum indicators to cycle indicators. When you analyze Trecora 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Trecora Resources information on this page should be used as a complementary analysis to other Trecora Resources' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Consideration for investing in Trecora Stock

If you are still planning to invest in Trecora Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Trecora Resources' history and understand the potential risks before investing.
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