Lucid Diagnostics Stock Technical Analysis

LUCD Stock  USD 0.77  0.01  1.32%   
As of the 13th of December 2024, Lucid Diagnostics secures the Standard Deviation of 3.01, mean deviation of 2.27, and Risk Adjusted Performance of (0.01). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lucid Diagnostics, as well as the relationship between them. Please verify Lucid Diagnostics variance, as well as the relationship between the maximum drawdown and skewness to decide if Lucid Diagnostics is priced some-what accurately, providing market reflects its recent price of 0.77 per share. As Lucid Diagnostics is a penny stock we also strongly advise to check its jensen alpha numbers.

Lucid Diagnostics Momentum Analysis

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

Lucid Diagnostics Analyst Consensus

Target PriceAdvice# of Analysts
4.36Strong Buy6Odds
Lucid Diagnostics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Lucid 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 Lucid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lucid Diagnostics, talking to its executives and customers, or listening to Lucid conference calls.
Lucid Analyst Advice Details
Lucid Diagnostics 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 Lucid Diagnostics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lucid Diagnostics 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...

Lucid Diagnostics Technical Analysis

Indicator
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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 Lucid Diagnostics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Lucid Diagnostics Trend Analysis

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

Lucid Diagnostics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Lucid Diagnostics applied against its price change over selected period. The best fit line has a slop of    , which means Lucid Diagnostics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted Lucid Diagnostics price change compared to its average price change.

About Lucid Diagnostics 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 Lucid Diagnostics 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 Lucid Diagnostics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lucid Diagnostics price pattern first instead of the macroeconomic environment surrounding Lucid Diagnostics. By analyzing Lucid Diagnostics'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 Lucid Diagnostics'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 Lucid Diagnostics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2022 2023 2024 (projected)
Payables Turnover0.393.425.225.48
Days Of Inventory On Hand307.611.2116.9716.12

Lucid Diagnostics December 13, 2024 Technical Indicators

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

Lucid Diagnostics December 13, 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 Lucid 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 Lucid Stock analysis

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