Data Io Stock Technical Analysis

DAIO Stock  USD 3.42  0.04  1.16%   
As of the 17th of April 2024, Data IO shows the Coefficient Of Variation of 1007.58, mean deviation of 1.87, and Downside Deviation of 2.24. Data IO technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 Data IO, which can be compared to its peers. Please confirm Data IO variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Data IO is priced favorably, providing market reflects its regular price of 3.42 per share. Given that Data IO has jensen alpha of 0.2179, we urge you to verify Data IO's prevailing market performance to make sure the company can sustain itself at a future point.

Data IO Momentum Analysis

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

Data IO Analyst Consensus

Target PriceAdvice# of Analysts
8.25Strong Buy1Odds
Data IO current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Data 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 Data stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Data IO, talking to its executives and customers, or listening to Data conference calls.
Data Analyst Advice Details
Data IO 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 Data IO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Data IO 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...

Data IO Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. 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 Data IO volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Data IO Trend Analysis

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

Data IO Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Data IO applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Data IO will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.08, which is the sum of squared deviations for the predicted Data IO price change compared to its average price change.

About Data IO 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 Data IO 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 Data IO based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Data IO price pattern first instead of the macroeconomic environment surrounding Data IO. By analyzing Data IO'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 Data IO'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 Data IO specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0024110.002143
Price To Sales Ratio0.940.86

Data IO April 17, 2024 Technical Indicators

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

Data IO April 17, 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 Data 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 Data IO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Data IO'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 Data Io Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Data Io Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Data IO. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Data Stock, please use our How to Invest in Data IO guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Data Stock analysis

When running Data IO's price analysis, check to measure Data IO'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 Data IO is operating at the current time. Most of Data IO's value examination focuses on studying past and present price action to predict the probability of Data IO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Data IO's price. Additionally, you may evaluate how the addition of Data IO to your portfolios can decrease your overall portfolio volatility.
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Is Data IO'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 Data IO. If investors know Data 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 Data IO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
0.05
Revenue Per Share
3.139
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0103
The market value of Data IO is measured differently than its book value, which is the value of Data that is recorded on the company's balance sheet. Investors also form their own opinion of Data IO's value that differs from its market value or its book value, called intrinsic value, which is Data IO'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 Data IO's market value can be influenced by many factors that don't directly affect Data IO'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 Data IO's value and its price as these two are different measures arrived at by different means. Investors typically determine if Data IO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Data IO'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.