Jrsis Health Care Stock Technical Analysis

JRSS Stock  USD 0.89  0.00  0.00%   
As of the 15th of April 2024, JRSIS Health retains the risk adjusted performance of 0.0696, and Market Risk Adjusted Performance of (0.39). JRSIS Health 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 eleven technical drivers for JRSIS Health Care, which can be compared to its competitors. Please check out JRSIS Health Care market risk adjusted performance and treynor ratio to decide if JRSIS Health is priced correctly, providing market reflects its last-minute price of 0.89 per share. Given that JRSIS Health Care is a hitting penny stock territory we urge to closely look at its information ratio.

JRSIS Health Momentum Analysis

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

JRSIS Health Care Technical Analysis

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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 JRSIS Health Care volatility. High ATR values indicate high volatility, and low values indicate low volatility.

JRSIS Health Care Trend Analysis

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

JRSIS Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for JRSIS Health Care applied against its price change over selected period. The best fit line has a slop of   0.0009  , which may suggest that JRSIS Health Care market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted JRSIS Health price change compared to its average price change.

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

JRSIS Health April 15, 2024 Technical Indicators

Most technical analysis of JRSIS 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 JRSIS from various momentum indicators to cycle indicators. When you analyze JRSIS 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JRSIS Health Care. 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.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for JRSIS Pink Sheet analysis

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