Bionano Genomics Wt Stock Technical Analysis

BNGOWDelisted Stock  USD 0  0  48.57%   
As of the 28th of March, BioNano Genomics shows the Risk Adjusted Performance of (0.02), mean deviation of 13.85, and Standard Deviation of 25.11. BioNano Genomics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 were able to break down and interpolate data for thirteen technical drivers for BioNano Genomics WT, which can be compared to its rivals. Please confirm BioNano Genomics variance and skewness to decide if BioNano Genomics is priced correctly, providing market reflects its regular price of 0.0036 per share. As BioNano Genomics appears to be a penny stock we also recommend to validate its jensen alpha numbers.

BioNano Genomics Momentum Analysis

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

BioNano Genomics Technical Analysis

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BioNano Genomics Trend Analysis

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

BioNano Genomics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BioNano Genomics WT applied against its price change over selected period. The best fit line has a slop of   0.0008  , which may suggest that BioNano Genomics WT market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted BioNano Genomics price change compared to its average price change.

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

BioNano Genomics March 28, 2024 Technical Indicators

Most technical analysis of BioNano 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 BioNano from various momentum indicators to cycle indicators. When you analyze BioNano 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Other Consideration for investing in BioNano Stock

If you are still planning to invest in BioNano Genomics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BioNano Genomics' history and understand the potential risks before investing.
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