Rapid Micro Biosystems Stock Technical Analysis

RPID Stock  USD 0.99  0.01  1.02%   
As of the 28th of March, Rapid Micro holds the Coefficient Of Variation of 2799.85, risk adjusted performance of 0.0286, and Semi Deviation of 3.59. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rapid Micro, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Rapid Micro Biosystems, which can be compared to its competitors. Please check Rapid Micro Biosystems variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Rapid Micro Biosystems is priced some-what accurately, providing market reflects its current price of 0.99 per share. Given that Rapid Micro is a hitting penny stock territory we advise to closely look at its total risk alpha.

Rapid Micro Momentum Analysis

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

Rapid Micro Analyst Consensus

Target PriceAdvice# of Analysts
5.88Strong Buy3Odds
Rapid Micro Biosystems current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rapid 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 Rapid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rapid Micro Biosystems, talking to its executives and customers, or listening to Rapid conference calls.
Rapid Analyst Advice Details
Rapid Micro 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 Rapid Micro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rapid Micro 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...

Rapid Micro Biosystems Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Rapid Micro Biosystems volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rapid Micro Biosystems Trend Analysis

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

Rapid Micro Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rapid Micro Biosystems applied against its price change over selected period. The best fit line has a slop of   0.0008  , which means Rapid Micro Biosystems will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Rapid Micro price change compared to its average price change.

About Rapid Micro 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 Rapid Micro Biosystems 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 Rapid Micro Biosystems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rapid Micro Biosystems price pattern first instead of the macroeconomic environment surrounding Rapid Micro Biosystems. By analyzing Rapid Micro'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 Rapid Micro'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 Rapid Micro specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0058420.009702
Price To Sales Ratio1.411.34

Rapid Micro March 28, 2024 Technical Indicators

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

Rapid Micro March 28, 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 Rapid 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 Rapid Micro Biosystems is a strong investment it is important to analyze Rapid Micro'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 Rapid Micro's future performance. For an informed investment choice regarding Rapid Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rapid Micro Biosystems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Rapid Stock analysis

When running Rapid Micro's price analysis, check to measure Rapid Micro'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 Rapid Micro is operating at the current time. Most of Rapid Micro's value examination focuses on studying past and present price action to predict the probability of Rapid Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rapid Micro's price. Additionally, you may evaluate how the addition of Rapid Micro to your portfolios can decrease your overall portfolio volatility.
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Is Rapid Micro'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 Rapid Micro. If investors know Rapid 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 Rapid Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.22)
Revenue Per Share
0.523
Quarterly Revenue Growth
0.449
Return On Assets
(0.21)
Return On Equity
(0.37)
The market value of Rapid Micro Biosystems is measured differently than its book value, which is the value of Rapid that is recorded on the company's balance sheet. Investors also form their own opinion of Rapid Micro's value that differs from its market value or its book value, called intrinsic value, which is Rapid Micro'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 Rapid Micro's market value can be influenced by many factors that don't directly affect Rapid Micro'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 Rapid Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rapid Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rapid Micro'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.