Cardiff Oncology (Germany) Technical Analysis

XE7C Stock  EUR 4.18  0.13  3.21%   
As of the 23rd of April, Cardiff Oncology shows the Mean Deviation of 6.18, risk adjusted performance of 0.1377, and Downside Deviation of 6.84. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Cardiff Oncology, as well as the relationship between them. 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 analyze nineteen technical drivers for Cardiff Oncology, which can be compared to its peers. Please confirm Cardiff Oncology treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Cardiff Oncology is priced correctly, providing market reflects its regular price of 4.18 per share.

Cardiff Oncology Momentum Analysis

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

Cardiff Oncology Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Cardiff Oncology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cardiff Oncology Trend Analysis

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

Cardiff Oncology Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cardiff Oncology applied against its price change over selected period. The best fit line has a slop of   0.08  , which means Cardiff Oncology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 245.44, which is the sum of squared deviations for the predicted Cardiff Oncology price change compared to its average price change.

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

Cardiff Oncology April 23, 2024 Technical Indicators

Most technical analysis of Cardiff 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 Cardiff from various momentum indicators to cycle indicators. When you analyze Cardiff 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.
When determining whether Cardiff Oncology is a strong investment it is important to analyze Cardiff Oncology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cardiff Oncology's future performance. For an informed investment choice regarding Cardiff Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cardiff Oncology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more detail on how to invest in Cardiff Stock please use our How to Invest in Cardiff Oncology guide.
Note that the Cardiff Oncology information on this page should be used as a complementary analysis to other Cardiff Oncology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Cardiff Stock analysis

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