Current Water Technologies Stock Technical Analysis

WATR Stock  CAD 0.04  0.01  12.50%   
As of the 30th of April, Current Water shows the Downside Deviation of 27.0, mean deviation of 6.43, and Risk Adjusted Performance of 0.0394. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Current Water, as well as the relationship between them. 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 nineteen technical drivers for Current Water Technologies, which can be compared to its peers. Please confirm Current Water Techno treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Current Water Techno is priced correctly, providing market reflects its regular price of 0.035 per share.

Current Water Momentum Analysis

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

Current Water Techno Technical Analysis

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The output start index for this execution was twenty-five with a total number of output elements of thirty-six. 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 Current Water Techno volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Current Water Techno Trend Analysis

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

Current Water Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Current Water Technologies applied against its price change over selected period. The best fit line has a slop of   0.000029  , which means Current Water Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Current Water price change compared to its average price change.

About Current Water 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 Current Water 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 Current Water Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Current Water Techno price pattern first instead of the macroeconomic environment surrounding Current Water Techno. By analyzing Current Water'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 Current Water'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 Current Water specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover9.133.484.07.18
Days Of Inventory On Hand77.3182.6174.3553.14

Current Water April 30, 2024 Technical Indicators

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

Current Water April 30, 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 Current 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Current Stock analysis

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