Leap Therapeutics Stock Technical Analysis

LPTX Stock  USD 2.92  0.27  10.19%   
As of the 28th of November, Leap Therapeutics secures the Downside Deviation of 4.51, risk adjusted performance of 0.0252, and Mean Deviation of 3.86. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Leap Therapeutics, as well as the relationship between them.

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

Leap Therapeutics Analyst Consensus

Target PriceAdvice# of Analysts
18.1Strong Buy4Odds
Leap Therapeutics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Leap 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 Leap stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Leap Therapeutics, talking to its executives and customers, or listening to Leap conference calls.
Leap Analyst Advice Details
Leap 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 Leap Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Leap 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...

Leap Therapeutics Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Leap Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Leap Therapeutics Trend Analysis

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

Leap Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Leap Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Leap Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.27, which is the sum of squared deviations for the predicted Leap Therapeutics price change compared to its average price change.

About Leap 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 Leap 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 Leap Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Leap Therapeutics price pattern first instead of the macroeconomic environment surrounding Leap Therapeutics. By analyzing Leap 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 Leap 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 Leap Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2023 2024 (projected)
Dividend Yield0.01420.002610.00248
Price To Sales Ratio88.99166.84109.75

Leap Therapeutics November 28, 2024 Technical Indicators

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

Additional Tools for Leap Stock Analysis

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