E3 Lithium Stock Technical Analysis

ETL Stock   0.99  0.02  1.98%   
As of the 16th of December 2024, E3 Lithium owns the Information Ratio of (0.13), standard deviation of 2.9, and Market Risk Adjusted Performance of (0.56). E3 Lithium technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm E3 Lithium standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if E3 Lithium is priced fairly, providing market reflects its prevailing price of 0.99 per share.

E3 Lithium Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ETL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ETL
  
E3 Lithium'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.
E3 Lithium 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 E3 Lithium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of E3 Lithium 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...

E3 Lithium 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 E3 Lithium volatility. High ATR values indicate high volatility, and low values indicate low volatility.

E3 Lithium Trend Analysis

Use this graph to draw trend lines for E3 Lithium. You can use it to identify possible trend reversals for E3 Lithium 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 E3 Lithium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

E3 Lithium Best Fit Change Line

The following chart estimates an ordinary least squares regression model for E3 Lithium applied against its price change over selected period. The best fit line has a slop of   0.004  , which may suggest that E3 Lithium market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.59, which is the sum of squared deviations for the predicted E3 Lithium price change compared to its average price change.

About E3 Lithium 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 E3 Lithium 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 E3 Lithium based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on E3 Lithium price pattern first instead of the macroeconomic environment surrounding E3 Lithium. By analyzing E3 Lithium'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 E3 Lithium'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 E3 Lithium specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Payables Turnover0.04230.0571
Days Of Inventory On Hand2.1K2.0K

E3 Lithium December 16, 2024 Technical Indicators

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

E3 Lithium December 16, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as ETL stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for ETL Stock Analysis

When running E3 Lithium's price analysis, check to measure E3 Lithium'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 E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.