Spectral Med Stock Technical Analysis

EDT Stock  CAD 0.53  0.03  6.00%   
As of the 23rd of November, Spectral Med has the Risk Adjusted Performance of (0.06), variance of 12.57, and Coefficient Of Variation of (1,213). Spectral Med technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.

Spectral Med Momentum Analysis

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

Spectral Med Technical Analysis

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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 Spectral Med volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spectral Med Trend Analysis

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

Spectral Med Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spectral Med applied against its price change over selected period. The best fit line has a slop of   0.0022  , which may suggest that Spectral Med market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Spectral Med price change compared to its average price change.

About Spectral Med 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 Spectral Med 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 Spectral Med based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spectral Med price pattern first instead of the macroeconomic environment surrounding Spectral Med. By analyzing Spectral Med'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 Spectral Med'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 Spectral Med specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Payables Turnover1.870.410.59
Days Of Inventory On Hand128.54181.43142.72

Spectral Med November 23, 2024 Technical Indicators

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

Other Information on Investing in Spectral Stock

Spectral Med financial ratios help investors to determine whether Spectral Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spectral with respect to the benefits of owning Spectral Med security.