Streamline Health Solutions Stock Technical Analysis

STRM Stock  USD 3.12  0.03  0.95%   
As of the 25th of November, Streamline Health has the Risk Adjusted Performance of (0.05), coefficient of variation of (1,252), and Variance of 119.75. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Streamline Health, as well as the relationship between them. Please validate Streamline Health risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Streamline Health is priced more or less accurately, providing market reflects its prevalent price of 3.12 per share. Given that Streamline Health has information ratio of (0.09), we advise you to double-check Streamline Health Solutions's current market performance to make sure the company can sustain itself at a future point.

Streamline Health Momentum Analysis

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

Streamline Health Analyst Consensus

Target PriceAdvice# of Analysts
1.25Strong Buy1Odds
Streamline Health Solutions current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Streamline 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 Streamline stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Streamline Health, talking to its executives and customers, or listening to Streamline conference calls.
Streamline Analyst Advice Details
Streamline Health 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 Streamline Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Streamline Health 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...

Streamline Health 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 Streamline Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Streamline Health Trend Analysis

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

Streamline Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Streamline Health Solutions applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Streamline Health Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 127.42, which is the sum of squared deviations for the predicted Streamline Health price change compared to its average price change.

About Streamline Health 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 Streamline Health Solutions 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 Streamline Health Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Streamline Health price pattern first instead of the macroeconomic environment surrounding Streamline Health. By analyzing Streamline Health'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 Streamline Health'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 Streamline Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding98.0127.2881.04114.83
PTB Ratio25.8445.01.171.11

Streamline Health November 25, 2024 Technical Indicators

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

Streamline Health 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 Streamline 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.
When determining whether Streamline Health is a strong investment it is important to analyze Streamline Health'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 Streamline Health's future performance. For an informed investment choice regarding Streamline 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 Streamline Health Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Technology 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 Streamline Health. If investors know Streamline 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 Streamline Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
12.131
Earnings Share
(4.80)
Revenue Per Share
5.249
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
The market value of Streamline Health is measured differently than its book value, which is the value of Streamline that is recorded on the company's balance sheet. Investors also form their own opinion of Streamline Health's value that differs from its market value or its book value, called intrinsic value, which is Streamline Health'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 Streamline Health's market value can be influenced by many factors that don't directly affect Streamline Health'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 Streamline Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Streamline Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Streamline Health'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.