Atea Pharmaceuticals Stock Technical Analysis

AVIR -  USA Stock  

USD 7.53  0.23  3.15%

As of the 24th of May, Atea Pharmaceuticals shows the risk adjusted performance of 0.1242, and Mean Deviation of 3.4. Atea Pharmaceuticals 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 collect and analyze data for nineteen technical drivers for Atea Pharmaceuticals, which can be compared to its rivals. Please confirm Atea Pharmaceuticals standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Atea Pharmaceuticals is priced correctly, providing market reflects its regular price of 7.53 per share. Given that Atea Pharmaceuticals has jensen alpha of 0.5307, we suggest you to validate Atea Pharmaceuticals's prevailing market performance to make sure the company can sustain itself at a future point.
  
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Atea Pharmaceuticals Analyst Consensus

Target PriceAdvice# of Analysts
9.33Hold3Odds
Atea Pharmaceuticals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Atea Pharmaceuticals 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 Atea Pharmaceuticals stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Atea Pharmaceuticals, talking to its executives and customers, or listening to Atea Pharmaceuticals conference calls.
Atea Pharmaceuticals Analyst Advice Details
Atea Pharmaceuticals 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 Atea Pharmaceuticals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atea Pharmaceuticals 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...

Atea Pharmaceuticals Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Atea Pharmaceuticals across different markets.
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Atea Pharmaceuticals Trend Analysis

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

Atea Pharmaceuticals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Atea Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of   0.0049  , which means Atea Pharmaceuticals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.91, which is the sum of squared deviations for the predicted Atea Pharmaceuticals price change compared to its average price change.

About Atea Pharmaceuticals 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 Atea Pharmaceuticals 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 Atea Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Atea Pharmaceuticals stock first instead of the macroeconomic environment surrounding Atea Pharmaceuticals. By analyzing Atea Pharmaceuticals'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 Atea Pharmaceuticals'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 Atea Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2015 2016 2021 2022 (projected)
PPandE Turnover37.135.649.342.93
Long Term Debt to Equity0.0064940.0053480.006150.007743

Atea Pharmaceuticals May 24, 2022 Technical Indicators

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

Atea Pharmaceuticals May 24, 2022 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 Atea Pharmaceuticals 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.
Please continue to Trending Equities. Note that the Atea Pharmaceuticals information on this page should be used as a complementary analysis to other Atea Pharmaceuticals' 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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