Dogecoin Technical Analysis

DOGE
 Crypto
  

USD 0.10  0.0004  0.40%   

As of the 4th of December, Dogecoin shows the Coefficient Of Variation of 827.73, mean deviation of 5.47, and Downside Deviation of 6.71. Dogecoin technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Dogecoin, which can be compared to its rivals. Please confirm Dogecoin coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Dogecoin is priced favorably, providing market reflects its regular price of 0.1 per share.
  

Dogecoin Momentum Analysis

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

Dogecoin Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Dogecoin volatility developed by Welles Wilder.
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Dogecoin Trend Analysis

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

Dogecoin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Dogecoin applied against its price change over selected period. The best fit line has a slop of   0.00081859  , which means Dogecoin will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Dogecoin price change compared to its average price change.

About Dogecoin 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 Dogecoin 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 Dogecoin based on its technical analysis. In general, a bottom-up approach, as applied to this cryptocurrency, focuses on Dogecoin price pattern first instead of the macroeconomic environment surrounding Dogecoin. By analyzing daily price indicators and various types of growth rates, we attempt to find the most accurate representation of Dogecoin'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 Dogecoin specific price patterns or momentum indicators.

Dogecoin December 4, 2022 Technical Indicators

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

Dogecoin December 4, 2022 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 Dogecoin 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.
Continue to Investing Opportunities. Note that the Dogecoin information on this page should be used as a complementary analysis to other Dogecoin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Tools for Dogecoin Crypto Coin

When running Dogecoin price analysis, check to measure Dogecoin's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Dogecoin is operating at the current time. Most of Dogecoin's value examination focuses on studying past and present price actions to predict the probability of Dogecoin's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Dogecoin's coin price. Additionally, you may evaluate how adding Dogecoin to your portfolios can decrease your overall portfolio volatility.
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