Abeona Therapeutics Stock Pattern Recognition Matching Low

ABEO Stock  USD 6.41  0.38  6.30%   
Abeona Therapeutics pattern recognition tool provides the execution environment for running the Matching Low recognition and other technical functions against Abeona Therapeutics. Abeona Therapeutics 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 Matching Low recognition function is designed to identify and follow existing trends. Abeona Therapeutics momentum indicators are usually used to generate trading rules based on assumptions that Abeona Therapeutics trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was six with a total number of output elements of fifty-five. The function generated a total of one valid pattern recognition events for the selected time horizon. The Matching Low pattern shows low bullish reversal trend for Abeona Therapeutics.

Abeona Therapeutics Technical Analysis Modules

Most technical analysis of Abeona Therapeutics 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 Abeona from various momentum indicators to cycle indicators. When you analyze Abeona 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 Abeona Therapeutics 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 Abeona Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Abeona Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Abeona Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Abeona Therapeutics'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 Abeona Therapeutics's intrinsic value. In addition to deriving basic predictive indicators for Abeona Therapeutics, we also check how macroeconomic factors affect Abeona Therapeutics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield1.6K1.6K
Price To Sales Ratio30.629.07
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Abeona Therapeutics' 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
3.866.449.02
Details
Intrinsic
Valuation
LowRealHigh
5.779.6412.22
Details
Naive
Forecast
LowNextHigh
3.836.408.98
Details
5 Analysts
Consensus
LowTargetHigh
18.6620.5022.76
Details

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When determining whether Abeona Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Abeona Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Abeona Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Abeona Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abeona Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Abeona Stock, please use our How to Invest in Abeona Therapeutics guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Abeona Therapeutics. If investors know Abeona will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Abeona Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.05)
Quarterly Revenue Growth
(1.00)
Return On Assets
(0.38)
Return On Equity
(1.27)
The market value of Abeona Therapeutics is measured differently than its book value, which is the value of Abeona that is recorded on the company's balance sheet. Investors also form their own opinion of Abeona Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Abeona Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Abeona Therapeutics' market value can be influenced by many factors that don't directly affect Abeona Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Abeona Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Abeona Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abeona Therapeutics' 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.