Lenovo OTC Stock Technical Analysis

LNVGY -  USA Stock  

USD 20.92  0.67  3.31%

As of the 4th of December, Lenovo secures the Risk Adjusted Performance of 0.0152, mean deviation of 2.95, and Downside Deviation of 4.58. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lenovo Group, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Lenovo, which can be compared to its peers in the industry. Please verify Lenovo Group standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Lenovo Group is priced some-what accurately, providing market reflects its recent price of 20.92 per share. Given that Lenovo Group has jensen alpha of 0.0126, we recommend you to check Lenovo's last-minute market performance to make sure the company can sustain itself at a future point.

Lenovo Technical Analysis 

 
Refresh

Lenovo Analyst Consensus

Target PriceAdvice# of Analysts
11.9Sell1Odds
Lenovo Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lenovo 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 Lenovo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lenovo Group, talking to its executives and customers, or listening to Lenovo conference calls.
Lenovo Analyst Advice Details
Lenovo technical otc 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 Lenovo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lenovo 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...

Lenovo Group Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Lenovo Group volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Lenovo Group Trend Analysis

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

Lenovo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lenovo Group applied against its price change over selected period. The best fit line has a slop of   -0.04  , which may suggest that Lenovo Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 71.4, which is the sum of squared deviations for the predicted Lenovo price change compared to its average price change.

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

Lenovo December 4, 2021 Technical Indicators

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

Lenovo December 4, 2021 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 Lenovo 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.
Additionally, see Stocks Correlation. Note that the Lenovo Group information on this page should be used as a complementary analysis to other Lenovo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Lenovo OTC Stock analysis

When running Lenovo Group price analysis, check to measure Lenovo'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 Lenovo is operating at the current time. Most of Lenovo's value examination focuses on studying past and present price action to predict the probability of Lenovo's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lenovo's price. Additionally, you may evaluate how the addition of Lenovo to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Is Lenovo'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 Lenovo. If investors know Lenovo 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 Lenovo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Lenovo Group is measured differently than its book value, which is the value of Lenovo that is recorded on the company's balance sheet. Investors also form their own opinion of Lenovo's value that differs from its market value or its book value, called intrinsic value, which is Lenovo'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 Lenovo's market value can be influenced by many factors that don't directly affect Lenovo'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 Lenovo's value and its price as these two are different measures arrived at by different means. Investors typically determine Lenovo value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lenovo'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.