Char Technologies Stock Technical Analysis

YES Stock  CAD 0.79  0.46  139.39%   
As of the 16th of June 2024, CHAR Technologies owns the coefficient of variation of 1672.59, and Market Risk Adjusted Performance of (0.51). Concerning fundamental indicators, the technical analysis model gives you tools to check potential technical drivers of CHAR Technologies, as well as the relationship between them. Please confirm CHAR Technologies variance, as well as the relationship between the maximum drawdown and semi variance to decide if CHAR Technologies is priced adequately, providing market reflects its prevailing price of 0.79 per share.

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

CHAR Technologies Technical Analysis

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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 CHAR Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

CHAR Technologies Trend Analysis

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

CHAR Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CHAR Technologies applied against its price change over selected period. The best fit line has a slop of   0.0013  , which may suggest that CHAR Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted CHAR Technologies price change compared to its average price change.

About CHAR 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 CHAR 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 CHAR Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CHAR Technologies price pattern first instead of the macroeconomic environment surrounding CHAR Technologies. By analyzing CHAR 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 CHAR 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 CHAR Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding298.19303.94349.53329.23
PTB Ratio4.566.635.976.27

CHAR Technologies June 16, 2024 Technical Indicators

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

Additional Tools for CHAR Stock Analysis

When running CHAR Technologies' price analysis, check to measure CHAR 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 CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.