Inmode Stock Technical Analysis

INMD Stock  USD 19.45  0.08  0.41%   
As of the 2nd of December, InMode retains the risk adjusted performance of 0.1045, and Market Risk Adjusted Performance of 0.1861. InMode technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out InMode jensen alpha, as well as the relationship between the potential upside and skewness to decide if InMode is priced fairly, providing market reflects its last-minute price of 19.45 per share. Given that InMode has jensen alpha of 0.1015, we strongly advise you to confirm InMode's regular market performance to make sure the company can sustain itself at a future point.

InMode Momentum Analysis

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

InMode Analyst Consensus

Target PriceAdvice# of Analysts
41.0Buy7Odds
InMode current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most InMode 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 InMode stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of InMode, talking to its executives and customers, or listening to InMode conference calls.
InMode Analyst Advice Details
InMode 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 InMode technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InMode 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...

InMode Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 InMode volatility. High ATR values indicate high volatility, and low values indicate low volatility.

InMode Trend Analysis

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

InMode Best Fit Change Line

The following chart estimates an ordinary least squares regression model for InMode applied against its price change over selected period. The best fit line has a slop of   0.05  , which means InMode will continue generating value for investors. It has 122 observation points and a regression sum of squares at 108.48, which is the sum of squared deviations for the predicted InMode price change compared to its average price change.

About InMode 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 InMode 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 InMode based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on InMode price pattern first instead of the macroeconomic environment surrounding InMode. By analyzing InMode'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 InMode'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 InMode specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding20.6622.7132.3634.89
PTB Ratio13.825.312.362.24

InMode December 2, 2024 Technical Indicators

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

InMode December 2, 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 InMode 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 InMode Stock analysis

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