Vivani Medical Stock Technical Analysis

VANI Stock  USD 1.76  0.03  1.68%   
As of the 23rd of May, Vivani Medical has the Risk Adjusted Performance of 0.0617, coefficient of variation of 1108.62, and Semi Deviation of 5.49. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vivani Medical, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Vivani Medical, which can be compared to its competition. Please validate Vivani Medical information ratio, and the relationship between the downside deviation and value at risk to decide if Vivani Medical is priced more or less accurately, providing market reflects its prevalent price of 1.76 per share. Please also confirm Vivani Medical total risk alpha, which is currently at (0.96) to double-check the company can sustain itself at a future point.

Vivani 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 Vivani, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Vivani
  
Vivani 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.

Vivani Medical Analyst Consensus

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

Vivani Medical Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Vivani Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Vivani Medical Trend Analysis

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

Vivani Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Vivani Medical applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Vivani Medical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.03, which is the sum of squared deviations for the predicted Vivani Medical price change compared to its average price change.

About Vivani 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 Vivani Medical 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 Vivani Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vivani Medical price pattern first instead of the macroeconomic environment surrounding Vivani Medical. By analyzing Vivani 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 Vivani 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 Vivani Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Payables Turnover0.660.63
Days Of Inventory On Hand200.71300.73

Vivani Medical May 23, 2024 Technical Indicators

Most technical analysis of Vivani 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 Vivani from various momentum indicators to cycle indicators. When you analyze Vivani 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.
When determining whether Vivani Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vivani Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vivani Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vivani Medical Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivani Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Vivani Stock please use our How to Invest in Vivani Medical guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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When running Vivani Medical's price analysis, check to measure Vivani Medical'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 Vivani Medical is operating at the current time. Most of Vivani Medical's value examination focuses on studying past and present price action to predict the probability of Vivani Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivani Medical's price. Additionally, you may evaluate how the addition of Vivani Medical to your portfolios can decrease your overall portfolio volatility.
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Is Vivani Medical'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 Vivani Medical. If investors know Vivani 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 Vivani Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.50)
Return On Assets
(0.35)
Return On Equity
(0.79)
The market value of Vivani Medical is measured differently than its book value, which is the value of Vivani that is recorded on the company's balance sheet. Investors also form their own opinion of Vivani Medical's value that differs from its market value or its book value, called intrinsic value, which is Vivani Medical'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 Vivani Medical's market value can be influenced by many factors that don't directly affect Vivani Medical'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 Vivani Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivani Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivani Medical'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.