Digital Brand Media Stock Technical Analysis

DBMM Stock  USD 0.01  0.0004  7.55%   
As of the 18th of April 2024, Digital Brand shows the Coefficient Of Variation of 574.26, mean deviation of 8.84, and Downside Deviation of 10.42. Digital Brand Media technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Digital Brand Media, which can be compared to its peers. Please confirm Digital Brand Media standard deviation and the relationship between the treynor ratio and kurtosis to decide if Digital Brand Media is priced favorably, providing market reflects its regular price of 0.0057 per share. As Digital Brand Media appears to be a penny stock we also advise to verify its total risk alpha numbers.

Digital Brand Momentum Analysis

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

Digital Brand Media Technical Analysis

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

Digital Brand Media Trend Analysis

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

Digital Brand Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Digital Brand Media applied against its price change over selected period. The best fit line has a slop of   0.000077  , which means Digital Brand Media will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Digital Brand price change compared to its average price change.

About Digital Brand 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 Digital Brand Media 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 Digital Brand Media based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Digital Brand Media price pattern first instead of the macroeconomic environment surrounding Digital Brand Media. By analyzing Digital Brand'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 Digital Brand'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 Digital Brand specific price patterns or momentum indicators. Please read more on our technical analysis page.

Digital Brand April 18, 2024 Technical Indicators

Most technical analysis of Digital 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 Digital from various momentum indicators to cycle indicators. When you analyze Digital 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digital Brand Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Digital Pink Sheet analysis

When running Digital Brand's price analysis, check to measure Digital Brand'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 Digital Brand is operating at the current time. Most of Digital Brand's value examination focuses on studying past and present price action to predict the probability of Digital Brand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digital Brand's price. Additionally, you may evaluate how the addition of Digital Brand to your portfolios can decrease your overall portfolio volatility.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
CEOs Directory
Screen CEOs from public companies around the world
Please note, there is a significant difference between Digital Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digital Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digital Brand's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.