Extendicare Stock Technical Analysis

EXETFDelisted Stock  USD 5.00  0.00  0.00%   
As of the 18th of April 2024, Extendicare shows the Standard Deviation of 1.32, variance of 1.73, and Mean Deviation of 0.8354. Extendicare 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 were able to interpolate and analyze data for thirteen technical drivers for Extendicare, which can be compared to its peers. Please confirm Extendicare market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Extendicare is priced favorably, providing market reflects its regular price of 5.0 per share. Given that Extendicare has information ratio of (0.05), we urge you to verify Extendicare's prevailing market performance to make sure the company can sustain itself at a future point.

Extendicare Momentum Analysis

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

Extendicare Technical Analysis

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Extendicare Trend Analysis

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

Extendicare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Extendicare applied against its price change over selected period. The best fit line has a slop of   0.0007  , which may suggest that Extendicare market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Extendicare price change compared to its average price change.

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

Extendicare April 18, 2024 Technical Indicators

Most technical analysis of Extendicare 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 Extendicare from various momentum indicators to cycle indicators. When you analyze Extendicare 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Consideration for investing in Extendicare Pink Sheet

If you are still planning to invest in Extendicare 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 Extendicare's history and understand the potential risks before investing.
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