XNK Technical Analysis

XNK Crypto  USD 0  0.000018  1.36%   
As of the 28th of November, XNK maintains the Risk Adjusted Performance of 0.0134, downside deviation of 2.18, and Mean Deviation of 1.7. In relation to fundamental indicators, the technical analysis model lets you check available technical drivers of XNK, as well as the relationship between them.

XNK Momentum Analysis

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

XNK Technical Analysis

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XNK Trend Analysis

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

XNK Best Fit Change Line

The following chart estimates an ordinary least squares regression model for XNK applied against its price change over selected period. The best fit line has a slop of   0.00000062  , which means XNK 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 XNK price change compared to its average price change.

About XNK 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 XNK 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 XNK based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on XNK price pattern first instead of the macroeconomic environment surrounding XNK. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of XNK's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the crypto market before zooming in to XNK specific price patterns or momentum indicators.

XNK November 28, 2024 Technical Indicators

Most technical analysis of XNK 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 XNK from various momentum indicators to cycle indicators. When you analyze XNK 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.
When determining whether XNK offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of XNK's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Xnk Crypto.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between XNK's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine XNK value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, XNK's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.