Knight Therapeutics Stock Technical Analysis

KHTRF Stock  USD 3.73  0.02  0.53%   
As of the 14th of December 2024, Knight Therapeutics secures the Mean Deviation of 0.7431, risk adjusted performance of (0.13), and Standard Deviation of 1.32. Knight Therapeutics technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Knight Therapeutics standard deviation and value at risk to decide if Knight Therapeutics is priced some-what accurately, providing market reflects its recent price of 3.73 per share. Given that Knight Therapeutics has information ratio of (0.26), we recommend you to check Knight Therapeutics's last-minute market performance to make sure the company can sustain itself at a future point.

Knight 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 Knight, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Knight
  
Knight 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.
Knight Therapeutics technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Knight Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Knight 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...

Knight Therapeutics Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-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 Knight Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Knight Therapeutics Trend Analysis

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

Knight Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Knight Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Knight Therapeutics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.6, which is the sum of squared deviations for the predicted Knight Therapeutics price change compared to its average price change.

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

Knight Therapeutics December 14, 2024 Technical Indicators

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

Knight Therapeutics December 14, 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 Knight 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.

Complementary Tools for Knight Pink Sheet analysis

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