Doubledown Interactive Co Stock Technical Analysis

DDI Stock  USD 14.32  0.31  2.12%   
As of the 22nd of November, Doubledown Interactive shows the Coefficient Of Variation of 3239.68, downside deviation of 3.24, and Mean Deviation of 2.48. Doubledown Interactive technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Doubledown Interactive Momentum Analysis

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

Doubledown Interactive Analyst Consensus

Target PriceAdvice# of Analysts
16.81Strong Buy4Odds
Doubledown Interactive Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Doubledown 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 Doubledown stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Doubledown Interactive, talking to its executives and customers, or listening to Doubledown conference calls.
Doubledown Analyst Advice Details
Doubledown Interactive 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 Doubledown Interactive technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Doubledown Interactive 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...

Doubledown Interactive Technical Analysis

Indicator
Time Period
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 Doubledown Interactive volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Doubledown Interactive Trend Analysis

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

Doubledown Interactive Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Doubledown Interactive Co applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Doubledown Interactive Co will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 25.39, which is the sum of squared deviations for the predicted Doubledown Interactive price change compared to its average price change.

About Doubledown Interactive 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 Doubledown Interactive Co 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 Doubledown Interactive Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Doubledown Interactive price pattern first instead of the macroeconomic environment surrounding Doubledown Interactive. By analyzing Doubledown Interactive'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 Doubledown Interactive'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 Doubledown Interactive specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding21.9824.140.821.3
PTB Ratio0.830.670.50.48

Doubledown Interactive November 22, 2024 Technical Indicators

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

Doubledown Interactive 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 Doubledown 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.

Complementary Tools for Doubledown Stock analysis

When running Doubledown Interactive's price analysis, check to measure Doubledown Interactive'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 Doubledown Interactive is operating at the current time. Most of Doubledown Interactive's value examination focuses on studying past and present price action to predict the probability of Doubledown Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown Interactive's price. Additionally, you may evaluate how the addition of Doubledown Interactive to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Bonds Directory
Find actively traded corporate debentures issued by US companies