Milestone Scientific Stock Technical Analysis

MLSS Stock  USD 0.55  0.02  3.51%   
As of the 19th of April, Milestone Scientific secures the Risk Adjusted Performance of 0.0103, mean deviation of 2.78, and Downside Deviation of 3.99. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Milestone Scientific, 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 are able to interpolate and collect nineteen technical drivers for Milestone Scientific, which can be compared to its peers in the industry. Please verify Milestone Scientific coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Milestone Scientific is priced some-what accurately, providing market reflects its recent price of 0.55 per share. As Milestone Scientific is a penny stock we also strongly advise to check its total risk alpha numbers.

Milestone Scientific Momentum Analysis

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

Milestone Scientific Analyst Consensus

Target PriceAdvice# of Analysts
4.0Buy1Odds
Milestone Scientific current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Milestone 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 Milestone stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Milestone Scientific, talking to its executives and customers, or listening to Milestone conference calls.
Milestone Analyst Advice Details
Milestone Scientific 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 Milestone Scientific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Milestone Scientific 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...

Milestone Scientific Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Milestone Scientific volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Milestone Scientific Trend Analysis

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

Milestone Scientific Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Milestone Scientific applied against its price change over selected period. The best fit line has a slop of   0.0004  , which may suggest that Milestone Scientific market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Milestone Scientific price change compared to its average price change.

About Milestone Scientific 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 Milestone Scientific 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 Milestone Scientific based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Milestone Scientific price pattern first instead of the macroeconomic environment surrounding Milestone Scientific. By analyzing Milestone Scientific'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 Milestone Scientific'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 Milestone Scientific specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding33.4128.7562.5540.07
PTB Ratio8.663.316.274.26

Milestone Scientific April 19, 2024 Technical Indicators

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

Milestone Scientific 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 Milestone 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 Milestone Scientific is a strong investment it is important to analyze Milestone Scientific'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 Milestone Scientific's future performance. For an informed investment choice regarding Milestone Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Milestone Scientific. 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 Milestone Stock please use our How to Invest in Milestone Scientific guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Milestone Stock analysis

When running Milestone Scientific's price analysis, check to measure Milestone Scientific'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 Milestone Scientific is operating at the current time. Most of Milestone Scientific's value examination focuses on studying past and present price action to predict the probability of Milestone Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Milestone Scientific's price. Additionally, you may evaluate how the addition of Milestone Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Milestone Scientific'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 Milestone Scientific. If investors know Milestone 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 Milestone Scientific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.10)
Revenue Per Share
0.135
Quarterly Revenue Growth
0.009
Return On Assets
(0.35)
Return On Equity
(0.77)
The market value of Milestone Scientific is measured differently than its book value, which is the value of Milestone that is recorded on the company's balance sheet. Investors also form their own opinion of Milestone Scientific's value that differs from its market value or its book value, called intrinsic value, which is Milestone Scientific'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 Milestone Scientific's market value can be influenced by many factors that don't directly affect Milestone Scientific'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 Milestone Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Milestone Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Milestone Scientific'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.