Wearable Health Solutions Stock Technical Analysis

WHSI Stock  USD 0.0008  0.00005  6.25%   
As of the 25th of April, Wearable Health maintains the Market Risk Adjusted Performance of 0.2222, mean deviation of 8.38, and Downside Deviation of 16.2. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wearable Health Solutions, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Wearable Health Solutions, which can be compared to its peers. Please check out Wearable Health Solutions variance, as well as the relationship between the value at risk and skewness to decide if Wearable Health Solutions is priced fairly, providing market reflects its latest price of 7.5E-4 per share. As Wearable Health Solutions appears to be a penny stock we also urge to confirm its total risk alpha numbers.

Wearable Health Momentum Analysis

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

Wearable Health Solutions Technical Analysis

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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 Wearable Health Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Wearable Health Solutions Trend Analysis

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

Wearable Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wearable Health Solutions applied against its price change over selected period. The best fit line has a slop of    , which may suggest that Wearable Health Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Wearable Health price change compared to its average price change.

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

Wearable Health April 25, 2024 Technical Indicators

Most technical analysis of Wearable 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 Wearable from various momentum indicators to cycle indicators. When you analyze Wearable 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wearable Health Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Wearable Pink Sheet analysis

When running Wearable Health's price analysis, check to measure Wearable Health'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 Wearable Health is operating at the current time. Most of Wearable Health's value examination focuses on studying past and present price action to predict the probability of Wearable Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Health's price. Additionally, you may evaluate how the addition of Wearable Health to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Wearable Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wearable Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wearable Health'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.