Udemy Inc Stock Technical Analysis

UDMY Stock  USD 7.55  0.11  1.44%   
As of the 22nd of November, Udemy has the Variance of 6.91, coefficient of variation of (27,070), and Risk Adjusted Performance of 0.0044. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Udemy Inc, as well as the relationship between them.

Udemy Momentum Analysis

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

Udemy Analyst Consensus

Target PriceAdvice# of Analysts
13.85Strong Buy13Odds
Udemy Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Udemy 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 Udemy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Udemy Inc, talking to its executives and customers, or listening to Udemy conference calls.
Udemy Analyst Advice Details
Udemy 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 Udemy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Udemy 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...

Udemy Inc Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Udemy Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Udemy Inc Trend Analysis

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

Udemy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Udemy Inc applied against its price change over selected period. The best fit line has a slop of    , which means Udemy Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.56, which is the sum of squared deviations for the predicted Udemy price change compared to its average price change.

About Udemy 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 Udemy 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 Udemy Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Udemy Inc price pattern first instead of the macroeconomic environment surrounding Udemy Inc. By analyzing Udemy'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 Udemy'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 Udemy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover6.8218.95123.54129.72
Days Of Inventory On Hand49.6540.0836.0726.8

Udemy November 22, 2024 Technical Indicators

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

Additional Tools for Udemy Stock Analysis

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