Alterity Therapeutics Stock Technical Analysis

ATHE Stock  USD 4.26  0.53  14.21%   
As of the 6th of January, Alterity Therapeutics shows the Risk Adjusted Performance of 0.2474, mean deviation of 5.0, and Downside Deviation of 3.2. Alterity Therapeutics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alterity Therapeutics treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Alterity Therapeutics is priced correctly, providing market reflects its regular price of 4.26 per share. Given that Alterity Therapeutics has jensen alpha of 2.11, we suggest you to validate Alterity Therapeutics's prevailing market performance to make sure the company can sustain itself at a future point.

Alterity Therapeutics Momentum Analysis

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

Alterity Therapeutics Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Alterity Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alterity Therapeutics Trend Analysis

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

Alterity Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alterity Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Alterity Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 54.08, which is the sum of squared deviations for the predicted Alterity Therapeutics price change compared to its average price change.

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

Alterity Therapeutics January 6, 2025 Technical Indicators

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

Complementary Tools for Alterity Stock analysis

When running Alterity Therapeutics' price analysis, check to measure Alterity Therapeutics' 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 Alterity Therapeutics is operating at the current time. Most of Alterity Therapeutics' value examination focuses on studying past and present price action to predict the probability of Alterity Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alterity Therapeutics' price. Additionally, you may evaluate how the addition of Alterity Therapeutics to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals