International Petroleum Corp Stock Technical Analysis

IPCO Stock  CAD 15.87  0.03  0.19%   
As of the 30th of November, International Petroleum retains the Standard Deviation of 2.6, risk adjusted performance of (0.08), and Market Risk Adjusted Performance of (0.68). International Petroleum technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

International Petroleum Momentum Analysis

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

International Petroleum Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 International Petroleum volatility. High ATR values indicate high volatility, and low values indicate low volatility.

International Petroleum Trend Analysis

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

International Petroleum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for International Petroleum Corp applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that International Petroleum Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 69.77, which is the sum of squared deviations for the predicted International Petroleum price change compared to its average price change.

About International Petroleum 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 International Petroleum 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 International Petroleum Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on International Petroleum price pattern first instead of the macroeconomic environment surrounding International Petroleum. By analyzing International Petroleum'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 International Petroleum'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 International Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio1.50.82
Dividend Yield1.7E-51.5E-5

International Petroleum November 30, 2024 Technical Indicators

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

Other Information on Investing in International Stock

International Petroleum financial ratios help investors to determine whether International Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in International with respect to the benefits of owning International Petroleum security.