22nd Century Group Stock Technical Analysis

XXII Stock  USD 0.12  0.01  7.69%   
As of the 19th of March, 22nd Century shows the Variance of 39.4, mean deviation of 4.28, and Coefficient Of Variation of (1,088). Concerning fundamental indicators, the technical analysis model gives you tools to check possible technical drivers of 22nd Century, as well as the relationship between them. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for 22nd Century Group, which can be compared to its rivals. Please confirm 22nd Century Group market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if 22nd Century Group is priced adequately, providing market reflects its regular price of 0.12 per share. As 22nd Century Group appears to be a penny stock we also recommend to validate its jensen alpha numbers.

22nd Century Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 22nd, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 22nd
  
22nd Century'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.

22nd Century Analyst Consensus

Target PriceAdvice# of Analysts
32.44Hold1Odds
22nd Century Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most 22nd 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 22nd stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 22nd Century Group, talking to its executives and customers, or listening to 22nd conference calls.
22nd Analyst Advice Details
22nd Century 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 22nd Century technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 22nd Century 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...

22nd Century Group Technical Analysis

Indicator
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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 22nd Century Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

22nd Century Group Trend Analysis

Use this graph to draw trend lines for 22nd Century Group. You can use it to identify possible trend reversals for 22nd Century 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 22nd Century price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

22nd Century Best Fit Change Line

The following chart estimates an ordinary least squares regression model for 22nd Century Group applied against its price change over selected period. The best fit line has a slop of   0.0011  , which may suggest that 22nd Century Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted 22nd Century price change compared to its average price change.

About 22nd Century 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 22nd Century Group 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 22nd Century Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 22nd Century Group price pattern first instead of the macroeconomic environment surrounding 22nd Century Group. By analyzing 22nd Century'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 22nd Century'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 22nd Century specific price patterns or momentum indicators. Please read more on our technical analysis page.

22nd Century March 19, 2024 Technical Indicators

Most technical analysis of 22nd 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 22nd from various momentum indicators to cycle indicators. When you analyze 22nd 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.

22nd Century March 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 22nd 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 22nd Century Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 22nd Century'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 22nd Century Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 22nd Century Group Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 22nd Century Group. 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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for 22nd Stock analysis

When running 22nd Century's price analysis, check to measure 22nd Century'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 22nd Century is operating at the current time. Most of 22nd Century's value examination focuses on studying past and present price action to predict the probability of 22nd Century's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 22nd Century's price. Additionally, you may evaluate how the addition of 22nd Century to your portfolios can decrease your overall portfolio volatility.
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Is 22nd Century'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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(8.79)
Revenue Per Share
5.265
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.40)
Return On Equity
(2.04)
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.