Binance Coin Technical Analysis

BNB
 Crypto
  

USD 327.97  12.66  4.02%   

As of the 9th of August, Binance Coin shows the Downside Deviation of 6.07, mean deviation of 3.98, and Risk Adjusted Performance of 0.0516. Binance Coin technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 interpolate nineteen technical drivers for Binance Coin, which can be compared to its rivals. Please confirm Binance Coin standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Binance Coin is priced correctly, providing market reflects its regular price of 327.97 per share.
  

Binance Coin Momentum Analysis

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

Binance Coin 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 Binance Coin volatility developed by Welles Wilder.
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Binance Coin Trend Analysis

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

Binance Coin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Binance Coin applied against its price change over selected period. The best fit line has a slop of   -0.26  , which may suggest that Binance Coin market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2506.09, which is the sum of squared deviations for the predicted Binance Coin price change compared to its average price change.

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

Binance Coin August 9, 2022 Technical Indicators

Most technical analysis of Binance 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 Binance from various momentum indicators to cycle indicators. When you analyze Binance 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.
Continue to Trending Equities. Note that the Binance Coin information on this page should be used as a complementary analysis to other Binance Coin'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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Other Tools for Binance Crypto Coin

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