Playstudios Stock Technical Analysis

MYPS Stock  USD 1.85  0.13  7.56%   
As of the 22nd of November, Playstudios holds the Semi Deviation of 2.75, coefficient of variation of 1211.95, and Risk Adjusted Performance of 0.0697. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Playstudios, as well as the relationship between them. Please check Playstudios market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Playstudios is priced some-what accurately, providing market reflects its current price of 1.85 per share. Please also confirm Playstudios total risk alpha, which is currently at (0.11) to check out the company can sustain itself at a future point.

Playstudios Momentum Analysis

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

Playstudios Analyst Consensus

Target PriceAdvice# of Analysts
5.88Buy8Odds
Playstudios current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Playstudios 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 Playstudios stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Playstudios, talking to its executives and customers, or listening to Playstudios conference calls.
Playstudios Analyst Advice Details
Playstudios 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 Playstudios technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Playstudios 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...

Playstudios 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 Playstudios volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Playstudios Trend Analysis

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

Playstudios Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Playstudios applied against its price change over selected period. The best fit line has a slop of    , which means Playstudios will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted Playstudios price change compared to its average price change.

About Playstudios 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 Playstudios 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 Playstudios based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Playstudios price pattern first instead of the macroeconomic environment surrounding Playstudios. By analyzing Playstudios'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 Playstudios'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 Playstudios specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding28.9735.6939.7924.5
PTB Ratio1.451.651.251.19

Playstudios November 22, 2024 Technical Indicators

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

Playstudios 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 Playstudios 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 Playstudios Stock Analysis

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