Icad Inc Stock Technical Analysis

ICAD Stock  USD 1.33  0.01  0.76%   
As of the 23rd of July, Icad retains the Market Risk Adjusted Performance of (0.20), standard deviation of 3.43, and Risk Adjusted Performance of (0.03). Icad 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. Please check out icad inc coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Icad is priced fairly, providing market reflects its last-minute price of 1.33 per share. Given that icad inc is a hitting penny stock territory we urge to closely look at its jensen alpha.

Icad Momentum Analysis

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

Icad Analyst Consensus

Target PriceAdvice# of Analysts
4.88Strong Buy3Odds
icad inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Icad 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 Icad stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of icad inc, talking to its executives and customers, or listening to Icad conference calls.
Icad Analyst Advice Details
Icad 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 Icad technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Icad 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...

icad inc Technical Analysis

Indicator
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The output start index for this execution was twenty with a total number of output elements of fourty-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 icad inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

icad inc Trend Analysis

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

Icad Best Fit Change Line

The following chart estimates an ordinary least squares regression model for icad inc applied against its price change over selected period. The best fit line has a slop of   0.005  , which may suggest that icad inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.95, which is the sum of squared deviations for the predicted Icad price change compared to its average price change.

About Icad 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 icad inc 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 icad inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on icad inc price pattern first instead of the macroeconomic environment surrounding icad inc. By analyzing Icad'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 Icad'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 Icad specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover3.384.123.913.08
Days Of Inventory On Hand162.05241.88120.31202.68

Icad July 23, 2024 Technical Indicators

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

Icad July 23, 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 Icad 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.

Complementary Tools for Icad Stock analysis

When running Icad's price analysis, check to measure Icad'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 Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
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