Licycle Holdings Corp Stock Technical Analysis

LICY Stock  USD 2.34  0.19  8.84%   
As of the 25th of November, LiCycle Holdings owns the Downside Deviation of 7.37, mean deviation of 6.66, and Market Risk Adjusted Performance of 0.9384. Relative to fundamental indicators, the technical analysis model lets you check available technical drivers of LiCycle Holdings Corp, as well as the relationship between them.

LiCycle Holdings Momentum Analysis

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

LiCycle Holdings Analyst Consensus

Target PriceAdvice# of Analysts
7.13Buy3Odds
LiCycle Holdings Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most LiCycle 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 LiCycle stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of LiCycle Holdings Corp, talking to its executives and customers, or listening to LiCycle conference calls.
LiCycle Analyst Advice Details
LiCycle Holdings 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 LiCycle Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of LiCycle Holdings 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...

LiCycle Holdings Corp Technical Analysis

Indicator
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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 LiCycle Holdings Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

LiCycle Holdings Corp Trend Analysis

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

LiCycle Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LiCycle Holdings Corp applied against its price change over selected period. The best fit line has a slop of   0.02  , which means LiCycle Holdings Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.33, which is the sum of squared deviations for the predicted LiCycle Holdings price change compared to its average price change.

About LiCycle Holdings 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 LiCycle Holdings 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 LiCycle Holdings Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LiCycle Holdings Corp price pattern first instead of the macroeconomic environment surrounding LiCycle Holdings Corp. By analyzing LiCycle Holdings'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 LiCycle Holdings'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 LiCycle Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding253.3257.8466.5263.19
PTB Ratio16.4817.9620.6519.62

LiCycle Holdings November 25, 2024 Technical Indicators

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

LiCycle Holdings November 25, 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 LiCycle 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 LiCycle Stock Analysis

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