First Resources Ltd Stock Technical Analysis

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of First Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First 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...

First Resources Technical Analysis

First Resources Trend Analysis

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

First Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First Resources Ltd applied against its price change over selected period. The best fit line has a slop of   0.05  , which may suggest that First Resources Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 89.9, which is the sum of squared deviations for the predicted First Resources price change compared to its average price change.

Most technical analysis of First 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 First from various momentum indicators to cycle indicators. When you analyze First 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Resources Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the First Resources information on this page should be used as a complementary analysis to other First Resources' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

When running First Resources' price analysis, check to measure First 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 First Resources is operating at the current time. Most of First Resources' value examination focuses on studying past and present price action to predict the probability of First Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Resources' price. Additionally, you may evaluate how the addition of First Resources to your portfolios can decrease your overall portfolio volatility.