Mict Inc Stock Technical Analysis

MICTDelisted Stock  USD 0.90  0.00  0.00%   
As of the 24th of April, MICT owns the Market Risk Adjusted Performance of 0.7029, mean deviation of 4.93, and Semi Deviation of 7.35. Compared to fundamental indicators, the technical analysis model lets you check helpful technical drivers of MICT Inc, 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 historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for MICT, which can be compared to its peers in the sector. Please verify MICT Inc variance, as well as the relationship between the value at risk and skewness to decide if MICT Inc is priced fairly, providing market reflects its prevailing price of 0.9 per share. Given that MICT Inc is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.

MICT Momentum Analysis

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

MICT Inc Technical Analysis

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MICT Inc Trend Analysis

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

MICT Best Fit Change Line

The following chart estimates an ordinary least squares regression model for MICT Inc applied against its price change over selected period. The best fit line has a slop of   0.0007  , which may suggest that MICT Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted MICT price change compared to its average price change.

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

MICT April 24, 2024 Technical Indicators

Most technical analysis of MICT 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 MICT from various momentum indicators to cycle indicators. When you analyze MICT 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the MICT Inc information on this page should be used as a complementary analysis to other MICT'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 the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Other Consideration for investing in MICT Stock

If you are still planning to invest in MICT Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MICT's history and understand the potential risks before investing.
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