Durango OTC Stock Technical Analysis

ATOXF
 Stock
  

USD 0.05  0.0113  17.07%   

As of the 7th of July, Durango Resources shows the Coefficient Of Variation of 9880.19, mean deviation of 7.75, and Downside Deviation of 9.21. Durango Resources technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Durango Resources, which can be compared to its rivals. Please confirm Durango Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Durango Resources is priced favorably, providing market reflects its regular price of 0.0549 per share. As Durango Resources appears to be a penny stock we also advise to verify its total risk alpha numbers.
  
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Durango Resources Momentum Analysis

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

Durango Resources Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Durango Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Durango Resources Trend Analysis

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

Durango Resources Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Durango Resources applied against its price change over selected period. The best fit line has a slop of   -0.0001  , which may suggest that Durango Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Durango Resources price change compared to its average price change.

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

Durango Resources July 7, 2022 Technical Indicators

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

Durango Resources July 7, 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 Durango 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.
Please continue to Trending Equities. Note that the Durango Resources information on this page should be used as a complementary analysis to other Durango Resources' 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Durango OTC Stock analysis

When running Durango Resources price analysis, check to measure Durango Resources' 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 Durango Resources is operating at the current time. Most of Durango Resources' value examination focuses on studying past and present price action to predict the probability of Durango Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Durango Resources' price. Additionally, you may evaluate how the addition of Durango Resources to your portfolios can decrease your overall portfolio volatility.
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Is Durango Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Durango Resources. If investors know Durango will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Durango Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
4.5 M
Return On Assets
-0.0873
Return On Equity
0.0724
The market value of Durango Resources is measured differently than its book value, which is the value of Durango that is recorded on the company's balance sheet. Investors also form their own opinion of Durango Resources' value that differs from its market value or its book value, called intrinsic value, which is Durango Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Durango Resources' market value can be influenced by many factors that don't directly affect Durango Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Durango Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Durango Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Durango Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.