Theratechnologies Stock Pattern Recognition Dark Cloud Cover

THTX Stock  USD 1.21  0.01  0.82%   
Theratechnologies pattern recognition tool provides the execution environment for running the Dark Cloud Cover recognition and other technical functions against Theratechnologies. Theratechnologies 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 pattern recognition indicators. As with most other technical indicators, the Dark Cloud Cover recognition function is designed to identify and follow existing trends. Theratechnologies momentum indicators are usually used to generate trading rules based on assumptions that Theratechnologies trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Dark Cloud Cover describes bearish reversal pattern of Theratechnologies.

Theratechnologies Technical Analysis Modules

Most technical analysis of Theratechnologies 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 Theratechnologies from various momentum indicators to cycle indicators. When you analyze Theratechnologies 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 Theratechnologies 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 Theratechnologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Theratechnologies based on widely used predictive technical indicators. In general, we focus on analyzing Theratechnologies Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Theratechnologies's daily price indicators and compare them against related drivers, such as pattern recognition 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 Theratechnologies's intrinsic value. In addition to deriving basic predictive indicators for Theratechnologies, we also check how macroeconomic factors affect Theratechnologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover2.042.812.532.65
Days Of Inventory On Hand273.45112.76101.49106.56
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Theratechnologies' 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
0.061.214.41
Details
Intrinsic
Valuation
LowRealHigh
0.061.254.45
Details
Naive
Forecast
LowNextHigh
0.021.224.42
Details
4 Analysts
Consensus
LowTargetHigh
16.1517.7519.70
Details

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Theratechnologies 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 Theratechnologies 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 Theratechnologies will appreciate offsetting losses from the drop in the long position's value.

Theratechnologies Pair Trading

Theratechnologies Pair Trading Analysis

Additional Tools for Theratechnologies Stock Analysis

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