Applied Dna Sciences Stock Technical Analysis

APDN Stock  USD 5.00  0.22  4.60%   
As of the 26th of April, Applied DNA shows the Mean Deviation of 55.02, risk adjusted performance of 0.08, and Downside Deviation of 18.04. Applied DNA Sciences 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 nineteen technical drivers for Applied DNA Sciences, which can be compared to its peers. Please confirm Applied DNA Sciences jensen alpha, as well as the relationship between the potential upside and skewness to decide if Applied DNA Sciences is priced correctly, providing market reflects its regular price of 5.0 per share. Given that Applied DNA has jensen alpha of 21.18, we suggest you to validate Applied DNA Sciences's prevailing market performance to make sure the company can sustain itself at a future point.

Applied DNA Momentum Analysis

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

Applied DNA Analyst Consensus

Target PriceAdvice# of Analysts
3.5Buy2Odds
Applied DNA Sciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Applied 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 Applied stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Applied DNA Sciences, talking to its executives and customers, or listening to Applied conference calls.
Applied Analyst Advice Details
Applied DNA 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 Applied DNA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Applied DNA 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...

Applied DNA Sciences Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Applied DNA Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Applied DNA Sciences Trend Analysis

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

Applied DNA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Applied DNA Sciences applied against its price change over selected period. The best fit line has a slop of   0.12  , which may suggest that Applied DNA Sciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 510.15, which is the sum of squared deviations for the predicted Applied DNA price change compared to its average price change.

About Applied DNA 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 Applied DNA 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 Applied DNA Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Applied DNA Sciences price pattern first instead of the macroeconomic environment surrounding Applied DNA Sciences. By analyzing Applied DNA'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 Applied DNA'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 Applied DNA specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover7.527.316.586.9
Days Of Inventory On Hand16.7615.3817.6816.8

Applied DNA April 26, 2024 Technical Indicators

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

Applied DNA April 26, 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 Applied 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 Applied DNA Sciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Applied DNA'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 Applied Dna Sciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Applied Dna Sciences Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Applied DNA 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 unemployment.
Note that the Applied DNA Sciences information on this page should be used as a complementary analysis to other Applied DNA'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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Applied Stock analysis

When running Applied DNA's price analysis, check to measure Applied DNA'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 Applied DNA is operating at the current time. Most of Applied DNA's value examination focuses on studying past and present price action to predict the probability of Applied DNA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied DNA's price. Additionally, you may evaluate how the addition of Applied DNA to your portfolios can decrease your overall portfolio volatility.
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Is Applied DNA'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 Applied DNA. If investors know Applied 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 Applied DNA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.00)
Revenue Per Share
0.678
Quarterly Revenue Growth
(0.83)
Return On Assets
(0.56)
Return On Equity
(1.10)
The market value of Applied DNA Sciences is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied DNA's value that differs from its market value or its book value, called intrinsic value, which is Applied DNA'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 Applied DNA's market value can be influenced by many factors that don't directly affect Applied DNA'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 Applied DNA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied DNA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied DNA'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.