Redbubble Limited Stock Technical Analysis

RDBBF Stock  USD 0.29  0.00  0.00%   
As of the 24th of April, Redbubble holds the Risk Adjusted Performance of (0.02), variance of 25.36, and Coefficient Of Variation of (2,130). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Redbubble, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Redbubble Limited, which can be compared to its competitors. Please check Redbubble Limited information ratio, as well as the relationship between the value at risk and kurtosis to decide if Redbubble Limited is priced some-what accurately, providing market reflects its current price of 0.29 per share. As Redbubble Limited appears to be a penny stock we also advise to check out its jensen alpha numbers.

Redbubble Momentum Analysis

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

Redbubble Limited Technical Analysis

Indicator
Time Period
Execute Indicator
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 Redbubble Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Redbubble Limited Trend Analysis

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

Redbubble Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Redbubble Limited applied against its price change over selected period. The best fit line has a slop of   0.0017  , which may suggest that Redbubble Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted Redbubble price change compared to its average price change.

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

Redbubble April 24, 2024 Technical Indicators

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

Redbubble April 24, 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 Redbubble 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Redbubble Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Redbubble Limited information on this page should be used as a complementary analysis to other Redbubble's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Redbubble Pink Sheet analysis

When running Redbubble's price analysis, check to measure Redbubble'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 Redbubble is operating at the current time. Most of Redbubble's value examination focuses on studying past and present price action to predict the probability of Redbubble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redbubble's price. Additionally, you may evaluate how the addition of Redbubble to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Stocks Directory
Find actively traded stocks across global markets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Please note, there is a significant difference between Redbubble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redbubble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redbubble'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.