XMR Technical Analysis
| XMR Crypto | USD 159.02 4.90 3.18% |
As of the 4th of November, XMR maintains the Market Risk Adjusted Performance of 0.2405, downside deviation of 3.04, and Mean Deviation of 2.15. In relation to fundamental indicators, the technical analysis model lets you check available technical drivers of XMR, as well as the relationship between them.
XMR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as XMR, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XMRXMR |
XMR technical crypto coin 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, crypto market cycles, or different charting patterns.
XMR Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 XMR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
XMR Trend Analysis
Use this graph to draw trend lines for XMR. You can use it to identify possible trend reversals for XMR 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 XMR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.XMR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for XMR applied against its price change over selected period. The best fit line has a slop of 0.16 , which may suggest that XMR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1003.25, which is the sum of squared deviations for the predicted XMR price change compared to its average price change.About XMR 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 XMR 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 XMR based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on XMR price pattern first instead of the macroeconomic environment surrounding XMR. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of XMR's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to XMR specific price patterns or momentum indicators.
XMR November 4, 2024 Technical Indicators
Most technical analysis of XMR 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 XMR from various momentum indicators to cycle indicators. When you analyze XMR 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 | 0.0309 | |||
| Market Risk Adjusted Performance | 0.2405 | |||
| Mean Deviation | 2.15 | |||
| Semi Deviation | 2.98 | |||
| Downside Deviation | 3.04 | |||
| Coefficient Of Variation | 3238.95 | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.67 | |||
| Information Ratio | 0.0086 | |||
| Jensen Alpha | 0.0614 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0083 | |||
| Treynor Ratio | 0.2305 | |||
| Maximum Drawdown | 17.14 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 4.54 | |||
| Downside Variance | 9.26 | |||
| Semi Variance | 8.88 | |||
| Expected Short fall | (2.24) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.71 |
XMR November 4, 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 XMR 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 | 184.24 | ||
| Daily Balance Of Power | 6.45 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 158.64 | ||
| Day Typical Price | 158.77 | ||
| Price Action Indicator | 2.83 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XMR. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.