Eventide Gilead Fund Technical Analysis
| ETGLX Fund | USD 48.68 0.30 0.61% |
As of the 25th of April, Eventide Gilead shows the Mean Deviation of 0.984, standard deviation of 1.19, and Variance of 1.42. Eventide Gilead technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity 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 thirteen technical drivers for Eventide Gilead Fund, which can be compared to its peers. Please confirm Eventide Gilead mean deviation and maximum drawdown to decide if Eventide Gilead is priced favorably, providing market reflects its regular price of 48.68 per share.
Eventide Gilead Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eventide, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EventideEventide |
Eventide Gilead technical mutual fund 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, fund market cycles, or different charting patterns.
Eventide Gilead Technical Analysis
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 Eventide Gilead volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eventide Gilead Trend Analysis
Use this graph to draw trend lines for Eventide Gilead Fund. You can use it to identify possible trend reversals for Eventide Gilead 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 Eventide Gilead price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eventide Gilead Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eventide Gilead Fund applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Eventide Gilead Fund market price will keep on failing further. It has 122 observation points and a regression sum of squares at 53.17, which is the sum of squared deviations for the predicted Eventide Gilead price change compared to its average price change.About Eventide Gilead 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 Eventide Gilead Fund 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 Eventide Gilead Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Eventide Gilead price pattern first instead of the macroeconomic environment surrounding Eventide Gilead. By analyzing Eventide Gilead'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 Eventide Gilead'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 Eventide Gilead specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eventide Gilead April 25, 2024 Technical Indicators
Most technical analysis of Eventide 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 Eventide from various momentum indicators to cycle indicators. When you analyze Eventide 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 0.984 | |||
| Coefficient Of Variation | (6,148) | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 1.95 | |||
| Skewness | (0.15) | |||
| Kurtosis | (0.61) |
Eventide Gilead April 25, 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 Eventide 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.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 48.68 | ||
| Day Typical Price | 48.68 | ||
| Price Action Indicator | (0.15) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eventide Gilead Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.