Mind Technology Stock Technical Analysis
| MIND Stock | USD 3.90 0.07 1.83% |
As of the 26th of November, Mind Technology secures the Standard Deviation of 2.63, insignificant risk adjusted performance, and Mean Deviation of 1.94. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mind Technology, as well as the relationship between them. Please verify Mind Technology information ratio and potential upside to decide if Mind Technology is priced some-what accurately, providing market reflects its recent price of 3.9 per share. Given that Mind Technology has information ratio of (0.06), we recommend you to check Mind Technology's last-minute market performance to make sure the company can sustain itself at a future point.
Mind Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mind, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MindMind |
Mind Technology Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 6.0 | Strong Buy | 1 | Odds |
Most Mind 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 Mind stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mind Technology, talking to its executives and customers, or listening to Mind conference calls.
Mind Technology 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.
Mind Technology Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Mind Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mind Technology Trend Analysis
Use this graph to draw trend lines for Mind Technology. You can use it to identify possible trend reversals for Mind Technology 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 Mind Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mind Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mind Technology applied against its price change over selected period. The best fit line has a slop of 0 , which means Mind Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.15, which is the sum of squared deviations for the predicted Mind Technology price change compared to its average price change.About Mind Technology 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 Mind Technology 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 Mind Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mind Technology price pattern first instead of the macroeconomic environment surrounding Mind Technology. By analyzing Mind Technology'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 Mind Technology'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 Mind Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0133 | 0.0208 | 0.11 | 0.12 | Price To Sales Ratio | 8.22 | 2.59 | 0.23 | 0.22 |
Mind Technology November 26, 2024 Technical Indicators
Most technical analysis of Mind 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 Mind from various momentum indicators to cycle indicators. When you analyze Mind 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.94 | |||
| Coefficient Of Variation | (7,610) | |||
| Standard Deviation | 2.63 | |||
| Variance | 6.92 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 13.68 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 4.4 | |||
| Skewness | 0.592 | |||
| Kurtosis | 1.32 |
Complementary Tools for Mind Stock analysis
When running Mind Technology's price analysis, check to measure Mind Technology'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 Mind Technology is operating at the current time. Most of Mind Technology's value examination focuses on studying past and present price action to predict the probability of Mind Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Technology's price. Additionally, you may evaluate how the addition of Mind Technology to your portfolios can decrease your overall portfolio volatility.
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