Zhongchao Stock Technical Analysis

ZCMD Stock  USD 1.30  0.05  4.00%   
As of the 27th of November, Zhongchao maintains the Mean Deviation of 5.05, downside deviation of 5.26, and Market Risk Adjusted Performance of (1.49). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zhongchao, as well as the relationship between them. Please check out Zhongchao information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Zhongchao is priced fairly, providing market reflects its latest price of 1.3 per share. Given that Zhongchao is a hitting penny stock territory we urge to closely look at its total risk alpha.

Zhongchao Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zhongchao, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Zhongchao
  
Zhongchao'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.
Zhongchao 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 Zhongchao technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhongchao 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...

Zhongchao Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Zhongchao volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Zhongchao Trend Analysis

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

Zhongchao Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zhongchao applied against its price change over selected period. The best fit line has a slop of   0.0064  , which may suggest that Zhongchao market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.54, which is the sum of squared deviations for the predicted Zhongchao price change compared to its average price change.

About Zhongchao 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 Zhongchao 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 Zhongchao based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zhongchao price pattern first instead of the macroeconomic environment surrounding Zhongchao. By analyzing Zhongchao'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 Zhongchao'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 Zhongchao specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding276.62235.5856.6453.81
PTB Ratio1.361.00.460.44

Zhongchao November 27, 2024 Technical Indicators

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

Zhongchao November 27, 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 Zhongchao 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 Zhongchao Stock analysis

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