Sanara Medtech Stock Technical Analysis

SMTI Stock  USD 37.70  0.38  1.02%   
As of the 22nd of November, Sanara Medtech has the Coefficient Of Variation of 1671.97, risk adjusted performance of 0.0533, and Semi Deviation of 2.89. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sanara Medtech, as well as the relationship between them.

Sanara Medtech Momentum Analysis

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

Sanara Medtech Analyst Consensus

Target PriceAdvice# of Analysts
59.0Strong Buy1Odds
Sanara Medtech current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sanara 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 Sanara stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sanara Medtech, talking to its executives and customers, or listening to Sanara conference calls.
Sanara Analyst Advice Details
Sanara Medtech 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 Sanara Medtech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sanara Medtech 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...

Sanara Medtech 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 Sanara Medtech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sanara Medtech Trend Analysis

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

Sanara Medtech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sanara Medtech applied against its price change over selected period. The best fit line has a slop of   0.05  , which means Sanara Medtech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 78.44, which is the sum of squared deviations for the predicted Sanara Medtech price change compared to its average price change.

About Sanara Medtech 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 Sanara Medtech 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 Sanara Medtech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sanara Medtech price pattern first instead of the macroeconomic environment surrounding Sanara Medtech. By analyzing Sanara Medtech'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 Sanara Medtech'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 Sanara Medtech specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.03080.0324
Price To Sales Ratio5.244.97

Sanara Medtech November 22, 2024 Technical Indicators

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

Sanara Medtech 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 Sanara 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.

Complementary Tools for Sanara Stock analysis

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