Strata Skin Sciences Stock Technical Analysis

SSKN Stock  USD 0.39  0.02  4.88%   
As of the 9th of May, STRATA Skin has the variance of 23.52, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of STRATA Skin Sciences, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to collect data for thirteen technical drivers for STRATA Skin Sciences, which can be compared to its competition. Please validate STRATA Skin Sciences risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if STRATA Skin is priced fairly, providing market reflects its prevalent price of 0.39 per share. As STRATA Skin Sciences appears to be a penny stock we also recommend to double-check its jensen alpha numbers.

STRATA Skin Momentum Analysis

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

STRATA Skin Analyst Consensus

Target PriceAdvice# of Analysts
3.9Strong Buy2Odds
STRATA Skin Sciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most STRATA 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 STRATA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of STRATA Skin Sciences, talking to its executives and customers, or listening to STRATA conference calls.
STRATA Analyst Advice Details
STRATA Skin 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 STRATA Skin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of STRATA Skin 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...

STRATA Skin Sciences Technical Analysis

Indicator
Time Period
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 STRATA Skin Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

STRATA Skin Sciences Trend Analysis

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

STRATA Skin Best Fit Change Line

The following chart estimates an ordinary least squares regression model for STRATA Skin Sciences applied against its price change over selected period. The best fit line has a slop of   0.0012  , which may suggest that STRATA Skin Sciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted STRATA Skin price change compared to its average price change.

About STRATA Skin 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 STRATA Skin Sciences 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 STRATA Skin Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on STRATA Skin Sciences price pattern first instead of the macroeconomic environment surrounding STRATA Skin Sciences. By analyzing STRATA Skin'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 STRATA Skin'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 STRATA Skin specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover3.594.24.463.0
Days Of Inventory On Hand125.75140.6765.4962.22

STRATA Skin May 9, 2024 Technical Indicators

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

STRATA Skin May 9, 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 STRATA 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 STRATA Skin Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of STRATA Skin's 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 Strata Skin Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Strata Skin Sciences Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRATA Skin Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for STRATA Stock analysis

When running STRATA Skin's price analysis, check to measure STRATA Skin'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 STRATA Skin is operating at the current time. Most of STRATA Skin's value examination focuses on studying past and present price action to predict the probability of STRATA Skin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STRATA Skin's price. Additionally, you may evaluate how the addition of STRATA Skin to your portfolios can decrease your overall portfolio volatility.
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Is STRATA Skin's 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 STRATA Skin. If investors know STRATA 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 STRATA Skin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.31)
Revenue Per Share
0.955
Quarterly Revenue Growth
(0.18)
Return On Assets
(0.08)
Return On Equity
(0.63)
The market value of STRATA Skin Sciences is measured differently than its book value, which is the value of STRATA that is recorded on the company's balance sheet. Investors also form their own opinion of STRATA Skin's value that differs from its market value or its book value, called intrinsic value, which is STRATA Skin's 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 STRATA Skin's market value can be influenced by many factors that don't directly affect STRATA Skin's 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 STRATA Skin's value and its price as these two are different measures arrived at by different means. Investors typically determine if STRATA Skin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STRATA Skin'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.