Inotiv Inc Stock Technical Analysis

NOTV Stock  USD 3.75  0.16  4.46%   
As of the 25th of November, Inotiv retains the Downside Deviation of 4.3, risk adjusted performance of 0.1821, and Market Risk Adjusted Performance of 0.3222. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Inotiv Inc, as well as the relationship between them. Please check out Inotiv Inc standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Inotiv is priced fairly, providing market reflects its last-minute price of 3.75 per share. Given that Inotiv Inc has jensen alpha of 0.9259, we strongly advise you to confirm Inotiv Inc's regular market performance to make sure the company can sustain itself at a future point.

Inotiv Momentum Analysis

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

Inotiv Analyst Consensus

Target PriceAdvice# of Analysts
15.06Strong Buy3Odds
Inotiv Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Inotiv 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 Inotiv stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Inotiv Inc, talking to its executives and customers, or listening to Inotiv conference calls.
Inotiv Analyst Advice Details
Inotiv 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 Inotiv technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Inotiv 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...

Inotiv Inc Technical Analysis

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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 Inotiv Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Inotiv Inc Trend Analysis

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

Inotiv Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Inotiv Inc applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Inotiv Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.72, which is the sum of squared deviations for the predicted Inotiv price change compared to its average price change.

About Inotiv 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 Inotiv Inc 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 Inotiv Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Inotiv Inc price pattern first instead of the macroeconomic environment surrounding Inotiv Inc. By analyzing Inotiv'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 Inotiv'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 Inotiv specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio0.260.25
Dividend Yield0.0030020.002852

Inotiv November 25, 2024 Technical Indicators

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

Inotiv 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 Inotiv 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 Inotiv Stock Analysis

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