Sol Gel Technologies Stock Technical Analysis

SLGL Stock  USD 1.65  1.22  283.72%   
As of the 25th of December, Sol Gel has the Risk Adjusted Performance of 0.092, semi deviation of 3.85, and Coefficient Of Variation of 972.47. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sol Gel Technologies, as well as the relationship between them. Please validate Sol Gel Technologies standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Sol Gel is priced more or less accurately, providing market reflects its prevalent price of 1.65 per share. Please also confirm Sol Gel Technologies total risk alpha, which is currently at 2.09 to double-check the company can sustain itself at a future point.

Sol Gel Momentum Analysis

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

Sol Gel Analyst Consensus

Target PriceAdvice# of Analysts
9.5Buy2Odds
Sol Gel Technologies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sol 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 Sol stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sol Gel Technologies, talking to its executives and customers, or listening to Sol conference calls.
Sol Analyst Advice Details
Sol Gel 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 Sol Gel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sol Gel 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...

Sol Gel Technologies Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Sol Gel Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sol Gel Technologies Trend Analysis

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

Sol Gel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sol Gel Technologies applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Sol Gel Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Sol Gel price change compared to its average price change.

About Sol Gel 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 Sol Gel Technologies 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 Sol Gel Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sol Gel Technologies price pattern first instead of the macroeconomic environment surrounding Sol Gel Technologies. By analyzing Sol Gel'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 Sol Gel'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 Sol Gel specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Payables Turnover50.53152.86160.51
Days Of Inventory On Hand2.9E-52.6E-51.5E-5

Sol Gel December 25, 2024 Technical Indicators

Most technical analysis of Sol 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 Sol from various momentum indicators to cycle indicators. When you analyze Sol 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.
When determining whether Sol Gel Technologies is a strong investment it is important to analyze Sol Gel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sol Gel's future performance. For an informed investment choice regarding Sol Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sol Gel Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sol Gel. If investors know Sol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sol Gel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.34)
Revenue Per Share
0.235
Quarterly Revenue Growth
8.146
Return On Assets
(0.22)
Return On Equity
(0.36)
The market value of Sol Gel Technologies is measured differently than its book value, which is the value of Sol that is recorded on the company's balance sheet. Investors also form their own opinion of Sol Gel's value that differs from its market value or its book value, called intrinsic value, which is Sol Gel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sol Gel's market value can be influenced by many factors that don't directly affect Sol Gel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sol Gel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sol Gel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sol Gel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.