Pyxis Oncology Stock Technical Analysis

PYXS Stock  USD 1.90  0.20  9.52%   
As of the 22nd of November, Pyxis Oncology holds the Variance of 48.35, coefficient of variation of (1,335), and Risk Adjusted Performance of (0.05). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pyxis Oncology, as well as the relationship between them. Please check Pyxis Oncology risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Pyxis Oncology is priced some-what accurately, providing market reflects its current price of 1.9 per share. Please also confirm Pyxis Oncology jensen alpha, which is currently at (0.57) to check out the company can sustain itself at a future point.

Pyxis Oncology Momentum Analysis

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

Pyxis Oncology Analyst Consensus

Target PriceAdvice# of Analysts
9.67Strong Buy8Odds
Pyxis Oncology current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pyxis 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 Pyxis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pyxis Oncology, talking to its executives and customers, or listening to Pyxis conference calls.
Pyxis Analyst Advice Details
Pyxis Oncology 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 Pyxis Oncology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pyxis Oncology 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...

Pyxis Oncology Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Pyxis Oncology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pyxis Oncology Trend Analysis

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

Pyxis Oncology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pyxis Oncology applied against its price change over selected period. The best fit line has a slop of    , which means Pyxis Oncology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.59, which is the sum of squared deviations for the predicted Pyxis Oncology price change compared to its average price change.

About Pyxis Oncology 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 Pyxis Oncology 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 Pyxis Oncology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pyxis Oncology price pattern first instead of the macroeconomic environment surrounding Pyxis Oncology. By analyzing Pyxis Oncology'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 Pyxis Oncology'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 Pyxis Oncology specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Payables Turnover0.510.54
Days Of Inventory On Hand156.38139.0

Pyxis Oncology November 22, 2024 Technical Indicators

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

Pyxis Oncology 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 Pyxis 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 Pyxis Stock Analysis

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