Belong Acquisition Corp Stock Technical Analysis

BLNGWDelisted Stock  USD 0.0006  0.00  0.00%   
As of the 16th of December 2024, Belong Acquisition shows the Downside Deviation of 38.32, risk adjusted performance of 0.093, and Mean Deviation of 40.03. Belong Acquisition Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Belong Acquisition Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Belong Acquisition Corp is priced correctly, providing market reflects its regular price of 6.0E-4 per share. As Belong Acquisition Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.

Belong Acquisition Momentum Analysis

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

Belong Acquisition Corp Technical Analysis

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Belong Acquisition Corp Trend Analysis

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

Belong Acquisition Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Belong Acquisition Corp applied against its price change over selected period. The best fit line has a slop of   0.0014  , which may suggest that Belong Acquisition Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Belong Acquisition price change compared to its average price change.

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

Belong Acquisition December 16, 2024 Technical Indicators

Most technical analysis of Belong 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 Belong from various momentum indicators to cycle indicators. When you analyze Belong 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in Belong Stock

If you are still planning to invest in Belong Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Belong Acquisition's history and understand the potential risks before investing.
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