Summa Silver Corp Stock Technical Analysis

SSVRF Stock  USD 0.30  0.01  3.45%   
As of the 26th of May, Summa Silver has the Risk Adjusted Performance of 0.0709, coefficient of variation of 938.12, and Semi Deviation of 3.34. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Summa Silver Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Summa Silver Corp, which can be compared to its competition. Please validate Summa Silver Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Summa Silver is priced more or less accurately, providing market reflects its prevalent price of 0.3 per share. As Summa Silver Corp appears to be a penny stock we also recommend to double-check its total risk alpha numbers.

Summa Silver Momentum Analysis

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

Summa Silver Corp Technical Analysis

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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 Summa Silver Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Summa Silver Corp Trend Analysis

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

Summa Silver Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Summa Silver Corp applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Summa Silver Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Summa Silver price change compared to its average price change.

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

Summa Silver May 26, 2024 Technical Indicators

Most technical analysis of Summa 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 Summa from various momentum indicators to cycle indicators. When you analyze Summa 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Summa Silver Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Summa OTC Stock analysis

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