QBTC-U Stock Technical Analysis

QBTC-U
  

USD 21.39  0.02  0.09%   

As of the 27th of June, THE BITCOIN has the risk adjusted performance of (0.32), and Coefficient Of Variation of (432.66). Our technical analysis interface makes it possible for you to check practical technical drivers of THE BITCOIN FUND, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for THE BITCOIN FUND, which can be compared to its competition. Please validate THE BITCOIN FUND downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if THE BITCOIN is priced adequately, providing market reflects its prevalent price of 21.39 per share.
  
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THE BITCOIN Momentum Analysis

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

THE BITCOIN FUND Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 THE BITCOIN FUND volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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THE BITCOIN FUND Trend Analysis

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

THE BITCOIN Best Fit Change Line

The following chart estimates an ordinary least squares regression model for THE BITCOIN FUND applied against its price change over selected period. The best fit line has a slop of   -0.47  , which may suggest that THE BITCOIN FUND market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8395.06, which is the sum of squared deviations for the predicted THE BITCOIN price change compared to its average price change.

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

THE BITCOIN June 27, 2022 Technical Indicators

Most technical analysis of QBTC-U 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 QBTC-U from various momentum indicators to cycle indicators. When you analyze QBTC-U 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.
Please see Your Equity Center. Note that the THE BITCOIN FUND information on this page should be used as a complementary analysis to other THE BITCOIN'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for QBTC-U Stock analysis

When running THE BITCOIN FUND price analysis, check to measure THE BITCOIN'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 THE BITCOIN is operating at the current time. Most of THE BITCOIN's value examination focuses on studying past and present price action to predict the probability of THE BITCOIN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move THE BITCOIN's price. Additionally, you may evaluate how the addition of THE BITCOIN to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between THE BITCOIN's value and its price as these two are different measures arrived at by different means. Investors typically determine THE BITCOIN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THE BITCOIN's 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.