Crinetics Pharmaceuticals Stock Technical Analysis

CRNX Stock  USD 57.03  0.96  1.71%   
As of the 22nd of November, Crinetics Pharmaceuticals shows the Downside Deviation of 2.53, risk adjusted performance of 0.0352, and Mean Deviation of 1.69. Crinetics Pharmaceuticals 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.

Crinetics Pharmaceuticals Momentum Analysis

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

Crinetics Pharmaceuticals Analyst Consensus

Target PriceAdvice# of Analysts
46.89Strong Buy14Odds
Crinetics Pharmaceuticals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Crinetics 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 Crinetics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Crinetics Pharmaceuticals, talking to its executives and customers, or listening to Crinetics conference calls.
Crinetics Analyst Advice Details
Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Crinetics Pharmaceuticals 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...

Crinetics Pharmaceuticals Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-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 Crinetics Pharmaceuticals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Crinetics Pharmaceuticals Trend Analysis

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

Crinetics Pharmaceuticals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Crinetics Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of   0.13  , which means Crinetics Pharmaceuticals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 651.26, which is the sum of squared deviations for the predicted Crinetics Pharmaceuticals price change compared to its average price change.

About Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals 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 Crinetics Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Crinetics Pharmaceuticals price pattern first instead of the macroeconomic environment surrounding Crinetics Pharmaceuticals. By analyzing Crinetics Pharmaceuticals'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 Crinetics Pharmaceuticals'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 Crinetics Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Current Ratio21.5512.4513.0717.96
Net Debt To EBITDA1.850.180.01430.0136

Crinetics Pharmaceuticals November 22, 2024 Technical Indicators

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

Crinetics Pharmaceuticals November 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Crinetics stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Crinetics Stock Analysis

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