Pulmonx Corp Stock Technical Analysis

LUNG Stock  USD 6.30  0.16  2.48%   
As of the 28th of November, Pulmonx Corp holds the Coefficient Of Variation of (2,489), risk adjusted performance of (0.02), and Variance of 18.94. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pulmonx Corp, as well as the relationship between them. Please check Pulmonx Corp variance and potential upside to decide if Pulmonx Corp is priced some-what accurately, providing market reflects its current price of 6.3 per share. Given that Pulmonx Corp has information ratio of (0.07), we recommend you to check out Pulmonx Corp's recent market performance to make sure the company can sustain itself at a future point.

Pulmonx Corp Momentum Analysis

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

Pulmonx Corp Analyst Consensus

Target PriceAdvice# of Analysts
16.83Strong Buy6Odds
Pulmonx Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pulmonx 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 Pulmonx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pulmonx Corp, talking to its executives and customers, or listening to Pulmonx conference calls.
Pulmonx Analyst Advice Details
Pulmonx Corp 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 Pulmonx Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pulmonx Corp 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...

Pulmonx Corp Technical Analysis

Indicator
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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 Pulmonx Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pulmonx Corp Trend Analysis

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

Pulmonx Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pulmonx Corp applied against its price change over selected period. The best fit line has a slop of   0.03  , which may suggest that Pulmonx Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 29.47, which is the sum of squared deviations for the predicted Pulmonx Corp price change compared to its average price change.

About Pulmonx Corp 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 Pulmonx Corp 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 Pulmonx Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pulmonx Corp price pattern first instead of the macroeconomic environment surrounding Pulmonx Corp. By analyzing Pulmonx Corp'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 Pulmonx Corp'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 Pulmonx Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover8.087.8511.976.07
Days Of Inventory On Hand464.89385.29340.97251.91

Pulmonx Corp November 28, 2024 Technical Indicators

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

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