BioLight Life (Israel) Technical Analysis

BOLT Stock  ILS 530.00  4.00  0.76%   
As of the 30th of November, BioLight Life shows the Downside Deviation of 5.48, risk adjusted performance of 0.0466, and Mean Deviation of 3.62. BioLight Life Sciences technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

BioLight Life Momentum Analysis

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

BioLight Life Sciences Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 BioLight Life Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BioLight Life Sciences Trend Analysis

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

BioLight Life Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BioLight Life Sciences applied against its price change over selected period. The best fit line has a slop of   1.49  , which means BioLight Life Sciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 83786.07, which is the sum of squared deviations for the predicted BioLight Life price change compared to its average price change.

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

BioLight Life November 30, 2024 Technical Indicators

Most technical analysis of BioLight 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 BioLight from various momentum indicators to cycle indicators. When you analyze BioLight 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.

Complementary Tools for BioLight Stock analysis

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