Oblong Inc Stock Technical Analysis

OBLG Stock  USD 3.51  0.02  0.57%   
As of the 29th of November, Oblong holds the Semi Deviation of 8.5, risk adjusted performance of 0.0473, and Coefficient Of Variation of 2025.86. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Oblong, as well as the relationship between them. Please check Oblong Inc jensen alpha, as well as the relationship between the potential upside and skewness to decide if Oblong Inc is priced some-what accurately, providing market reflects its current price of 3.51 per share. Given that Oblong has jensen alpha of 0.4196, we recommend you to check out Oblong Inc's recent market performance to make sure the company can sustain itself at a future point.

Oblong Momentum Analysis

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

Oblong Inc Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Oblong Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Oblong Inc Trend Analysis

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

Oblong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Oblong Inc applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Oblong Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.13, which is the sum of squared deviations for the predicted Oblong price change compared to its average price change.

About Oblong 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 Oblong 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 Oblong Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oblong Inc price pattern first instead of the macroeconomic environment surrounding Oblong Inc. By analyzing Oblong'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 Oblong'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 Oblong specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0043750.003088
Price To Sales Ratio0.290.28

Oblong November 29, 2024 Technical Indicators

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

Complementary Tools for Oblong Stock analysis

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