Equillium Stock Technical Analysis

EQ Stock  USD 1.85  0.08  4.52%   
As of the 17th of April 2024, Equillium shows the Downside Deviation of 7.5, coefficient of variation of 651.69, and Mean Deviation of 6.85. Equillium 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 break down and collect data for nineteen technical drivers for Equillium, which can be compared to its peers. Please confirm Equillium information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equillium is priced favorably, providing market reflects its regular price of 1.85 per share. Please also check Equillium total risk alpha, which is currently at 0.8374 to verify the company can sustain itself at a future point.

Equillium Momentum Analysis

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

Equillium Analyst Consensus

Target PriceAdvice# of Analysts
8.0Strong Buy4Odds
Equillium current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Equillium 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 Equillium stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Equillium, talking to its executives and customers, or listening to Equillium conference calls.
Equillium Analyst Advice Details
Equillium 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 Equillium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Equillium 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...

Equillium Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Equillium volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Equillium Trend Analysis

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

Equillium Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Equillium applied against its price change over selected period. The best fit line has a slop of   0.02  , which suggests that Equillium will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 17.51, which is the sum of squared deviations for the predicted Equillium price change compared to its average price change.

About Equillium 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 Equillium 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 Equillium based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Equillium price pattern first instead of the macroeconomic environment surrounding Equillium. By analyzing Equillium'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 Equillium'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 Equillium specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.170.330.22
Price To Sales Ratio2.270.70.66

Equillium April 17, 2024 Technical Indicators

Most technical analysis of Equillium 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 Equillium from various momentum indicators to cycle indicators. When you analyze Equillium 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.
When determining whether Equillium is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Equillium Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Equillium Stock. Highlighted below are key reports to facilitate an investment decision about Equillium Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equillium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
To learn how to invest in Equillium Stock, please use our How to Invest in Equillium guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Equillium Stock analysis

When running Equillium's price analysis, check to measure Equillium'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 Equillium is operating at the current time. Most of Equillium's value examination focuses on studying past and present price action to predict the probability of Equillium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equillium's price. Additionally, you may evaluate how the addition of Equillium to your portfolios can decrease your overall portfolio volatility.
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Is Equillium'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 Equillium. If investors know Equillium 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 Equillium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
1.039
Quarterly Revenue Growth
(0.42)
Return On Assets
(0.14)
Return On Equity
(0.49)
The market value of Equillium is measured differently than its book value, which is the value of Equillium that is recorded on the company's balance sheet. Investors also form their own opinion of Equillium's value that differs from its market value or its book value, called intrinsic value, which is Equillium'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 Equillium's market value can be influenced by many factors that don't directly affect Equillium'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 Equillium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equillium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equillium'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.