Mymd Pharmaceuticals Stock Technical Analysis

MYMDDelisted Stock  USD 1.82  0.02  1.09%   
As of the 25th of December, MyMD Pharmaceuticals secures the risk adjusted performance of (0.11), and Mean Deviation of 3.6. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MyMD Pharmaceuticals, as well as the relationship between them. Please verify MyMD Pharmaceuticals information ratio and potential upside to decide if MyMD Pharmaceuticals is priced some-what accurately, providing market reflects its recent price of 1.82 per share. Please also check out MyMD Pharmaceuticals jensen alpha, which is currently at (0.72) to check the company can sustain itself at a future point.

MyMD 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 MyMD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MyMD
  
MyMD 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.
MyMD 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, delisted stock market cycles, or different charting patterns.
A focus of MyMD Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MyMD 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...

MyMD Pharmaceuticals Technical Analysis

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MyMD Pharmaceuticals Trend Analysis

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

MyMD Pharmaceuticals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MyMD Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of   0.0073  , which may suggest that MyMD Pharmaceuticals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.04, which is the sum of squared deviations for the predicted MyMD Pharmaceuticals price change compared to its average price change.

About MyMD 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 MyMD 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 MyMD Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MyMD Pharmaceuticals price pattern first instead of the macroeconomic environment surrounding MyMD Pharmaceuticals. By analyzing MyMD 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 MyMD 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 MyMD Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.

MyMD Pharmaceuticals December 25, 2024 Technical Indicators

Most technical analysis of MyMD 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 MyMD from various momentum indicators to cycle indicators. When you analyze MyMD 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Other Consideration for investing in MyMD Stock

If you are still planning to invest in MyMD Pharmaceuticals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MyMD Pharmaceuticals' history and understand the potential risks before investing.
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