Elong Power Holding Stock Technical Analysis
ELPW Stock | 1.08 0.12 10.00% |
As of the 5th of December, Elong Power shows the Mean Deviation of 5.74, standard deviation of 11.27, and Variance of 126.95. Elong Power Holding 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. Please confirm Elong Power Holding variance and skewness to decide if Elong Power Holding is priced favorably, providing market reflects its regular price of 1.08 per share. Given that Elong Power is a hitting penny stock territory we advise to closely look at its jensen alpha.
Elong Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElongElong |
Elong Power 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.
Elong Power Holding Technical Analysis
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 Elong Power Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elong Power Holding Trend Analysis
Use this graph to draw trend lines for Elong Power Holding. You can use it to identify possible trend reversals for Elong Power 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 Elong Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elong Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elong Power Holding applied against its price change over selected period. The best fit line has a slop of 0.17 , which may suggest that Elong Power Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1125.96, which is the sum of squared deviations for the predicted Elong Power price change compared to its average price change.About Elong Power 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 Elong Power Holding 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 Elong Power Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elong Power Holding price pattern first instead of the macroeconomic environment surrounding Elong Power Holding. By analyzing Elong Power'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 Elong Power'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 Elong Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elong Power December 5, 2024 Technical Indicators
Most technical analysis of Elong 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 Elong from various momentum indicators to cycle indicators. When you analyze Elong 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.15) | |||
Market Risk Adjusted Performance | 1.7 | |||
Mean Deviation | 5.74 | |||
Coefficient Of Variation | (462.85) | |||
Standard Deviation | 11.27 | |||
Variance | 126.95 | |||
Information Ratio | (0.23) | |||
Jensen Alpha | (2.25) | |||
Total Risk Alpha | (4.53) | |||
Treynor Ratio | 1.69 | |||
Maximum Drawdown | 109.81 | |||
Value At Risk | (14.74) | |||
Potential Upside | 7.63 | |||
Skewness | (1.83) | |||
Kurtosis | 18.99 |
Elong Power December 5, 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 Elong 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.
Accumulation Distribution | 33,895 | ||
Daily Balance Of Power | (0.67) | ||
Rate Of Daily Change | 0.90 | ||
Day Median Price | 1.14 | ||
Day Typical Price | 1.12 | ||
Price Action Indicator | (0.12) |
Additional Tools for Elong Stock Analysis
When running Elong Power's price analysis, check to measure Elong Power'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 Elong Power is operating at the current time. Most of Elong Power's value examination focuses on studying past and present price action to predict the probability of Elong Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elong Power's price. Additionally, you may evaluate how the addition of Elong Power to your portfolios can decrease your overall portfolio volatility.