Skywater Technology Stock Momentum Indicators Plus Directional Movement

SKYT Stock  USD 7.94  0.03  0.38%   
Skywater Technology momentum indicators tool provides the execution environment for running the Plus Directional Movement indicator and other technical functions against Skywater Technology. Skywater Technology 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 Plus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Skywater Technology are pattern recognition functions that provide distinct formation on Skywater Technology 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.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Plus Directional Movement indicator shows the difference between two consecutive highs of Skywater Technology price series.

Skywater Technology Technical Analysis Modules

Most technical analysis of Skywater Technology 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 Skywater from various momentum indicators to cycle indicators. When you analyze Skywater 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 Skywater Technology 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 Skywater Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Skywater Technology based on widely used predictive technical indicators. In general, we focus on analyzing Skywater Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Skywater Technology'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 Skywater Technology's intrinsic value. In addition to deriving basic predictive indicators for Skywater Technology, we also check how macroeconomic factors affect Skywater Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2020 2024 (projected)
Dividend Yield0.0035660.003325
Price To Sales Ratio4.931.45
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Skywater Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
4.407.9411.48
Details
Intrinsic
Valuation
LowRealHigh
6.5710.1113.65
Details
4 Analysts
Consensus
LowTargetHigh
15.2916.8018.65
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.01-0.01
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators
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Skywater Technology pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Skywater Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Skywater Technology will appreciate offsetting losses from the drop in the long position's value.

Skywater Technology Pair Trading

Skywater Technology Pair Trading Analysis

The ability to find closely correlated positions to Skywater Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skywater Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Skywater Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Skywater Technology to buy it.
The correlation of Skywater Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Skywater Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skywater Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Skywater Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Skywater Stock Analysis

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