Gossamer Bio Stock Technical Analysis

GOSS Stock  USD 0.81  0.01  1.22%   
As of the 19th of April, Gossamer Bio retains the Standard Deviation of 4.89, market risk adjusted performance of (0.21), and Risk Adjusted Performance of (0). Gossamer Bio technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Gossamer Bio, which can be compared to its competitors. Please check out Gossamer Bio market risk adjusted performance and treynor ratio to decide if Gossamer Bio is priced fairly, providing market reflects its last-minute price of 0.81 per share. Given that Gossamer Bio is a hitting penny stock territory we urge to closely look at its jensen alpha.

Gossamer Bio Momentum Analysis

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

Gossamer Bio Analyst Consensus

Target PriceAdvice# of Analysts
5.31Buy10Odds
Gossamer Bio current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Gossamer 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 Gossamer stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gossamer Bio, talking to its executives and customers, or listening to Gossamer conference calls.
Gossamer Analyst Advice Details
Gossamer Bio 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 Gossamer Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gossamer Bio 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...

Gossamer Bio Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Gossamer Bio volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Gossamer Bio Trend Analysis

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

Gossamer Bio Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Gossamer Bio applied against its price change over selected period. The best fit line has a slop of    , which means Gossamer Bio will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.5, which is the sum of squared deviations for the predicted Gossamer Bio price change compared to its average price change.

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

Gossamer Bio April 19, 2024 Technical Indicators

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

Gossamer Bio April 19, 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 Gossamer 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 Gossamer Bio is a strong investment it is important to analyze Gossamer Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gossamer Bio's future performance. For an informed investment choice regarding Gossamer Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gossamer Bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Gossamer Stock please use our How to Invest in Gossamer Bio guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Gossamer Bio's price analysis, check to measure Gossamer Bio'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 Gossamer Bio is operating at the current time. Most of Gossamer Bio's value examination focuses on studying past and present price action to predict the probability of Gossamer Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gossamer Bio's price. Additionally, you may evaluate how the addition of Gossamer Bio to your portfolios can decrease your overall portfolio volatility.
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Is Gossamer Bio'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 Gossamer Bio. If investors know Gossamer 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 Gossamer Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Return On Assets
(0.37)
Return On Equity
(4.80)
The market value of Gossamer Bio is measured differently than its book value, which is the value of Gossamer that is recorded on the company's balance sheet. Investors also form their own opinion of Gossamer Bio's value that differs from its market value or its book value, called intrinsic value, which is Gossamer Bio'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 Gossamer Bio's market value can be influenced by many factors that don't directly affect Gossamer Bio'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 Gossamer Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gossamer Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gossamer Bio'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.