Chemocentryx Stock Technical Analysis

CCXI -  USA Stock  

USD 15.32  0.21  1.39%

As of the 4th of August, Chemocentryx shows the mean deviation of 4.73, and Risk Adjusted Performance of (0.06). Chemocentryx 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 have analyzed and interpolated nineteen technical drivers for Chemocentryx, which can be compared to its rivals. Please confirm Chemocentryx standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Chemocentryx is priced correctly, providing market reflects its regular price of 15.32 per share. Given that Chemocentryx has jensen alpha of (0.92), we suggest you to validate Chemocentryx's prevailing market performance to make sure the company can sustain itself at a future point.

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Chemocentryx Analyst Consensus

Target PriceAdvice# of Analysts
28.17Hold6Odds
Chemocentryx current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chemocentryx 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 Chemocentryx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chemocentryx, talking to its executives and customers, or listening to Chemocentryx conference calls.
Chemocentryx Analyst Advice Details
Chemocentryx 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 Chemocentryx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chemocentryx 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...

Chemocentryx Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Chemocentryx volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Chemocentryx Trend Analysis

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

Chemocentryx Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chemocentryx applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Chemocentryx will continue generating value for investors. It has 122 observation points and a regression sum of squares at 517.14, which is the sum of squared deviations for the predicted Chemocentryx price change compared to its average price change.

About Chemocentryx 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 Chemocentryx 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 Chemocentryx based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chemocentryx stock first instead of the macroeconomic environment surrounding Chemocentryx. By analyzing Chemocentryx'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 Chemocentryx'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 Chemocentryx specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2020 2021 (projected)
PPandE Turnover31.2319.584.744.86
Long Term Debt to Equity1.340.30.04690.0482

Chemocentryx August 4, 2021 Technical Indicators

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

Chemocentryx August 4, 2021 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 Chemocentryx 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.
Continue to Trending Equities. Note that the Chemocentryx information on this page should be used as a complementary analysis to other Chemocentryx'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Chemocentryx price analysis, check to measure Chemocentryx'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 Chemocentryx is operating at the current time. Most of Chemocentryx's value examination focuses on studying past and present price action to predict the probability of Chemocentryx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chemocentryx's price. Additionally, you may evaluate how the addition of Chemocentryx to your portfolios can decrease your overall portfolio volatility.
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The market value of Chemocentryx is measured differently than its book value, which is the value of Chemocentryx that is recorded on the company's balance sheet. Investors also form their own opinion of Chemocentryx's value that differs from its market value or its book value, called intrinsic value, which is Chemocentryx'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 Chemocentryx's market value can be influenced by many factors that don't directly affect Chemocentryx underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemocentryx's value and its price as these two are different measures arrived at by different means. Investors typically determine Chemocentryx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemocentryx'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.