Bioventus Stock Technical Analysis

BVS Stock  USD 12.29  0.02  0.16%   
As of the 28th of November, Bioventus shows the Mean Deviation of 2.53, risk adjusted performance of 0.0877, and Downside Deviation of 4.06. Bioventus 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 Bioventus coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Bioventus is priced correctly, providing market reflects its regular price of 12.29 per share. Given that Bioventus has jensen alpha of 0.3289, we suggest you to validate Bioventus's prevailing market performance to make sure the company can sustain itself at a future point.

Bioventus Momentum Analysis

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

Bioventus Analyst Consensus

Target PriceAdvice# of Analysts
4.5Buy3Odds
Bioventus current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bioventus 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 Bioventus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bioventus, talking to its executives and customers, or listening to Bioventus conference calls.
Bioventus Analyst Advice Details
Bioventus 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 Bioventus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bioventus 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...

Bioventus Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Bioventus volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bioventus Trend Analysis

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

Bioventus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bioventus applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Bioventus will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 24.11, which is the sum of squared deviations for the predicted Bioventus price change compared to its average price change.

About Bioventus 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 Bioventus 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 Bioventus based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bioventus price pattern first instead of the macroeconomic environment surrounding Bioventus. By analyzing Bioventus'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 Bioventus'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 Bioventus specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield4.25E-43.83E-43.64E-4
Price To Sales Ratio2.00.640.61

Bioventus November 28, 2024 Technical Indicators

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

Bioventus November 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 Bioventus 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.

Additional Tools for Bioventus Stock Analysis

When running Bioventus' price analysis, check to measure Bioventus' 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 Bioventus is operating at the current time. Most of Bioventus' value examination focuses on studying past and present price action to predict the probability of Bioventus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventus' price. Additionally, you may evaluate how the addition of Bioventus to your portfolios can decrease your overall portfolio volatility.