Ra Medical Systems Stock Technical Analysis

RMEDDelisted Stock  USD 0.54  0.00  0.00%   
As of the 24th of April, RA Medical owns the market risk adjusted performance of (1.25), and Information Ratio of (0.20). In connection with fundamental indicators, the technical analysis model allows you to check timely technical drivers of RA Medical Systems, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for RA Medical, which can be compared to its peers in the sector. Please check RA Medical Systems coefficient of variation and the relationship between the information ratio and kurtosis to decide if RA Medical Systems is priced favorably, providing market reflects its prevailing price of 0.54 per share. As RA Medical Systems is a penny stock we also suggest to check out its jensen alpha numbers.

RA Medical Momentum Analysis

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

RA Medical Systems Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

RA Medical Systems Trend Analysis

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

RA Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for RA Medical Systems applied against its price change over selected period. The best fit line has a slop of   0.0059  , which may suggest that RA Medical Systems market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.34, which is the sum of squared deviations for the predicted RA Medical price change compared to its average price change.

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

RA Medical April 24, 2024 Technical Indicators

Most technical analysis of RMED 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 RMED from various momentum indicators to cycle indicators. When you analyze RMED 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 Your Equity Center 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 income.
Note that the RA Medical Systems information on this page should be used as a complementary analysis to other RA Medical'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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Other Consideration for investing in RMED Stock

If you are still planning to invest in RA Medical Systems 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 RA Medical's history and understand the potential risks before investing.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data