Xtra Bitcoin Stock Technical Analysis

CBTC Stock  USD 0  0.0001  7.14%   
As of the 4th of December, XTRA Bitcoin maintains the Mean Deviation of 9.0, market risk adjusted performance of 0.8442, and Downside Deviation of 11.58. XTRA Bitcoin technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices.

XTRA Bitcoin Momentum Analysis

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

XTRA Bitcoin 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 XTRA Bitcoin volatility. High ATR values indicate high volatility, and low values indicate low volatility.

XTRA Bitcoin Trend Analysis

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

XTRA Bitcoin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for XTRA Bitcoin applied against its price change over selected period. The best fit line has a slop of   0.000014  , which means XTRA Bitcoin will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted XTRA Bitcoin price change compared to its average price change.

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

XTRA Bitcoin December 4, 2024 Technical Indicators

Most technical analysis of XTRA 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 XTRA from various momentum indicators to cycle indicators. When you analyze XTRA 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.

Complementary Tools for XTRA Pink Sheet analysis

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