Ekso Bionics Holdings Stock Technical Analysis

EKSO Stock  USD 1.31  0.02  1.55%   
As of the 3rd of May, Ekso Bionics shows the Standard Deviation of 5.49, mean deviation of 4.17, and Variance of 30.09. Ekso Bionics Holdings 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 are able to interpolate and collect thirteen technical drivers for Ekso Bionics Holdings, which can be compared to its peers. Please confirm Ekso Bionics Holdings market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Ekso Bionics Holdings is priced favorably, providing market reflects its regular price of 1.31 per share. Given that Ekso Bionics is a hitting penny stock territory we advise to closely look at its jensen alpha.

Ekso Bionics Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ekso, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ekso
  
Ekso Bionics' 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.

Ekso Bionics Analyst Consensus

Target PriceAdvice# of Analysts
9.0Buy1Odds
Ekso Bionics Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ekso analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ekso stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ekso Bionics Holdings, talking to its executives and customers, or listening to Ekso conference calls.
Ekso Analyst Advice Details
Ekso Bionics 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 Ekso Bionics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ekso Bionics 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...

Ekso Bionics Holdings Technical Analysis

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Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Ekso Bionics Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ekso Bionics Holdings Trend Analysis

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

Ekso Bionics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ekso Bionics Holdings applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Ekso Bionics Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.06, which is the sum of squared deviations for the predicted Ekso Bionics price change compared to its average price change.

About Ekso Bionics 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 Ekso Bionics Holdings 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 Ekso Bionics Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ekso Bionics Holdings price pattern first instead of the macroeconomic environment surrounding Ekso Bionics Holdings. By analyzing Ekso Bionics'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 Ekso Bionics'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 Ekso Bionics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.130.11
Price To Sales Ratio1.91.8

Ekso Bionics May 3, 2024 Technical Indicators

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

Ekso Bionics May 3, 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 Ekso 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.
When determining whether Ekso Bionics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ekso Bionics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ekso Bionics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ekso Bionics Holdings Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ekso Bionics Holdings. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Ekso Bionics' price analysis, check to measure Ekso Bionics' 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 Ekso Bionics is operating at the current time. Most of Ekso Bionics' value examination focuses on studying past and present price action to predict the probability of Ekso Bionics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ekso Bionics' price. Additionally, you may evaluate how the addition of Ekso Bionics to your portfolios can decrease your overall portfolio volatility.
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Is Ekso Bionics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ekso Bionics. If investors know Ekso will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ekso Bionics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.10)
Revenue Per Share
1.318
Quarterly Revenue Growth
0.365
Return On Assets
(0.27)
Return On Equity
(0.80)
The market value of Ekso Bionics Holdings is measured differently than its book value, which is the value of Ekso that is recorded on the company's balance sheet. Investors also form their own opinion of Ekso Bionics' value that differs from its market value or its book value, called intrinsic value, which is Ekso Bionics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ekso Bionics' market value can be influenced by many factors that don't directly affect Ekso Bionics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ekso Bionics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ekso Bionics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ekso Bionics' 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.