Caremax Stock Momentum Indicators Average Directional Movement Index Rating

CMAX Stock  USD 0.72  0.05  7.46%   
CareMax momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against CareMax. CareMax value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of CareMax are pattern recognition functions that provide distinct formation on CareMax potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was seven with a total number of output elements of fifty-four. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of CareMax is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret CareMax ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

CareMax Technical Analysis Modules

Most technical analysis of CareMax 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 CareMax from various momentum indicators to cycle indicators. When you analyze CareMax charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About CareMax Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CareMax. We use our internally-developed statistical techniques to arrive at the intrinsic value of CareMax based on widely used predictive technical indicators. In general, we focus on analyzing CareMax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CareMax's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of CareMax's intrinsic value. In addition to deriving basic predictive indicators for CareMax, we also check how macroeconomic factors affect CareMax price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01960.0174
Price To Sales Ratio0.07420.0705
Hype
Prediction
LowEstimatedHigh
0.040.7610.94
Details
Intrinsic
Valuation
LowRealHigh
0.091.8312.01
Details
Naive
Forecast
LowNextHigh
0.00070.0310.22
Details
2 Analysts
Consensus
LowTargetHigh
4.735.205.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CareMax. Your research has to be compared to or analyzed against CareMax's peers to derive any actionable benefits. When done correctly, CareMax's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in CareMax.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CareMax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CareMax's short interest history, or implied volatility extrapolated from CareMax options trading.

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Additional Tools for CareMax Stock Analysis

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