Am Resources Corp Stock Technical Analysis

AMR Stock  CAD 0.04  0.01  11.11%   
As of the 18th of April 2024, AM Resources owns the Coefficient Of Variation of 1278.26, standard deviation of 16.75, and Market Risk Adjusted Performance of (0.23). AM Resources Corp technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for AM Resources, which can be compared to its peers in the sector. Please confirm AM Resources Corp downside deviation and the relationship between the information ratio and expected short fall to decide if AM Resources Corp is priced fairly, providing market reflects its prevailing price of 0.04 per share.

AM Resources Momentum Analysis

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

AM Resources Corp 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 AM Resources Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AM Resources Corp Trend Analysis

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

AM Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AM Resources Corp applied against its price change over selected period. The best fit line has a slop of   0.0004  , which means AM Resources Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted AM Resources price change compared to its average price change.

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

AM Resources April 18, 2024 Technical Indicators

Most technical analysis of AMR 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 AMR from various momentum indicators to cycle indicators. When you analyze AMR 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AM Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for AMR Stock analysis

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