Greystone Logistics Stock Technical Analysis

GLGI Stock  USD 1.06  0.09  7.83%   
As of the 19th of April, Greystone Logistics retains the Downside Deviation of 4.2, market risk adjusted performance of 0.4391, and Risk Adjusted Performance of 0.0693. Greystone Logistics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Greystone Logistics, which can be compared to its competitors. Please check out Greystone Logistics downside variance, kurtosis, as well as the relationship between the treynor ratio and standard deviation to decide if Greystone Logistics is priced fairly, providing market reflects its last-minute price of 1.06 per share. Given that Greystone Logistics is a hitting penny stock territory we urge to closely look at its total risk alpha.

Greystone Logistics Momentum Analysis

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

Greystone Logistics 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 Greystone Logistics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Greystone Logistics Trend Analysis

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

Greystone Logistics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Greystone Logistics applied against its price change over selected period. The best fit line has a slop of    , which means Greystone Logistics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Greystone Logistics price change compared to its average price change.

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

Greystone Logistics April 19, 2024 Technical Indicators

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

Greystone Logistics April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Greystone stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greystone Logistics. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Greystone Logistics information on this page should be used as a complementary analysis to other Greystone Logistics' 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Greystone OTC Stock analysis

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