Elixinol Global Stock Technical Analysis

ELLXF Stock  USD 0  0.0005  12.50%   
As of the 20th of April, Elixinol Global shows the Mean Deviation of 29.84, downside deviation of 27.71, and Coefficient Of Variation of 743.4. Elixinol Global 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 have analyzed and interpolated nineteen technical drivers for Elixinol Global, which can be compared to its peers. Please confirm Elixinol Global information ratio, as well as the relationship between the potential upside and kurtosis to decide if Elixinol Global is priced favorably, providing market reflects its regular price of 0.0035 per share. As Elixinol Global appears to be a penny stock we also advise to verify its total risk alpha numbers.

Elixinol Global Momentum Analysis

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

Elixinol Global 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 Elixinol Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Elixinol Global Trend Analysis

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

Elixinol Global Best Fit Change Line

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

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

Elixinol Global April 20, 2024 Technical Indicators

Most technical analysis of Elixinol 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 Elixinol from various momentum indicators to cycle indicators. When you analyze Elixinol 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 Elixinol Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Elixinol Pink Sheet analysis

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