Movano Inc Stock Technical Analysis
| MOVE Stock | USD 5.64 0.25 4.64% |
As of the 2nd of December, Movano secures the Downside Deviation of 6.21, risk adjusted performance of 0.0631, and Mean Deviation of 4.68. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Movano Inc, as well as the relationship between them. Please verify Movano Inc jensen alpha and downside variance to decide if Movano Inc is priced some-what accurately, providing market reflects its recent price of 5.64 per share. Given that Movano Inc has jensen alpha of 0.3678, we recommend you to check Movano's last-minute market performance to make sure the company can sustain itself at a future point.
Movano Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Movano, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MovanoMovano |
Movano Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.0 | Buy | 1 | Odds |
Most Movano 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 Movano stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Movano Inc, talking to its executives and customers, or listening to Movano conference calls.
Movano 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.
Movano Inc Technical Analysis
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 Movano Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Movano Inc Trend Analysis
Use this graph to draw trend lines for Movano Inc. You can use it to identify possible trend reversals for Movano 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 Movano price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Movano Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Movano Inc applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Movano Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 26.8, which is the sum of squared deviations for the predicted Movano price change compared to its average price change.About Movano 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 Movano 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 Movano Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Movano Inc price pattern first instead of the macroeconomic environment surrounding Movano Inc. By analyzing Movano'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 Movano'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 Movano specific price patterns or momentum indicators. Please read more on our technical analysis page.
Movano December 2, 2024 Technical Indicators
Most technical analysis of Movano 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 Movano from various momentum indicators to cycle indicators. When you analyze Movano 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0631 | |||
| Market Risk Adjusted Performance | 0.3619 | |||
| Mean Deviation | 4.68 | |||
| Semi Deviation | 5.35 | |||
| Downside Deviation | 6.21 | |||
| Coefficient Of Variation | 1415.58 | |||
| Standard Deviation | 8.31 | |||
| Variance | 69.07 | |||
| Information Ratio | 0.0541 | |||
| Jensen Alpha | 0.3678 | |||
| Total Risk Alpha | (0.81) | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.3519 | |||
| Maximum Drawdown | 35.49 | |||
| Value At Risk | (8.81) | |||
| Potential Upside | 10.76 | |||
| Downside Variance | 38.62 | |||
| Semi Variance | 28.61 | |||
| Expected Short fall | (5.87) | |||
| Skewness | 2.85 | |||
| Kurtosis | 19.22 |
Complementary Tools for Movano Stock analysis
When running Movano's price analysis, check to measure Movano'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 Movano is operating at the current time. Most of Movano's value examination focuses on studying past and present price action to predict the probability of Movano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Movano's price. Additionally, you may evaluate how the addition of Movano to your portfolios can decrease your overall portfolio volatility.
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