Chromadex Corp Stock Technical Analysis

CDXC Stock  USD 7.44  0.19  2.49%   
As of the 23rd of November, Chromadex Corp shows the Mean Deviation of 4.07, risk adjusted performance of 0.1399, and Downside Deviation of 2.64. Chromadex Corp 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.

Chromadex Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chromadex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Chromadex
  
Chromadex Corp'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.

Chromadex Corp Analyst Consensus

Target PriceAdvice# of Analysts
5.17Strong Buy5Odds
Chromadex Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chromadex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chromadex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chromadex Corp, talking to its executives and customers, or listening to Chromadex conference calls.
Chromadex Analyst Advice Details
Chromadex Corp 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 Chromadex Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chromadex Corp 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...

Chromadex Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Chromadex Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Chromadex Corp Trend Analysis

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

Chromadex Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chromadex Corp applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Chromadex Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 193.1, which is the sum of squared deviations for the predicted Chromadex Corp price change compared to its average price change.

About Chromadex Corp 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 Chromadex Corp 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 Chromadex Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chromadex Corp price pattern first instead of the macroeconomic environment surrounding Chromadex Corp. By analyzing Chromadex Corp'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 Chromadex Corp'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 Chromadex Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding28.2842.9722.8621.72
PTB Ratio7.924.093.773.58

Chromadex Corp November 23, 2024 Technical Indicators

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

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