Cynata Therapeutics Limited Stock Technical Analysis

CYYNF Stock  USD 0.11  0.00  0.00%   
As of the 25th of April, Cynata Therapeutics shows the Standard Deviation of 6.5, risk adjusted performance of 0.0859, and Mean Deviation of 1.58. Cynata Therapeutics 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 interpolate eleven technical drivers for Cynata Therapeutics Limited, which can be compared to its peers. Please confirm Cynata Therapeutics variance and kurtosis to decide if Cynata Therapeutics is priced correctly, providing market reflects its regular price of 0.11 per share. As Cynata Therapeutics appears to be a penny stock we also recommend to validate its information ratio numbers.

Cynata Therapeutics Momentum Analysis

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

Cynata Therapeutics Technical Analysis

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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 Cynata Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Cynata Therapeutics Trend Analysis

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

Cynata Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Cynata Therapeutics Limited applied against its price change over selected period. The best fit line has a slop of   0.0007  , which means Cynata Therapeutics Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Cynata Therapeutics price change compared to its average price change.

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

Cynata Therapeutics April 25, 2024 Technical Indicators

Most technical analysis of Cynata 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 Cynata from various momentum indicators to cycle indicators. When you analyze Cynata 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cynata Therapeutics Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Cynata Pink Sheet analysis

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