Ono Pharmaceutical Co Stock Technical Analysis

OPHLF Stock  USD 12.50  1.20  10.62%   
As of the 11th of December 2024, Ono Pharmaceutical holds the Coefficient Of Variation of (2,027), variance of 37.87, and Risk Adjusted Performance of (0.03). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ono Pharmaceutical, as well as the relationship between them. Please check Ono Pharmaceutical market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Ono Pharmaceutical is priced some-what accurately, providing market reflects its current price of 12.5 per share. Given that Ono Pharmaceutical has information ratio of (0.07), we recommend you to check out Ono Pharmaceutical's recent market performance to make sure the company can sustain itself at a future point.

Ono Pharmaceutical Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ono, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ono
  
Ono Pharmaceutical'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.
Ono Pharmaceutical 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 Ono Pharmaceutical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ono Pharmaceutical 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...

Ono Pharmaceutical Technical Analysis

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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 Ono Pharmaceutical volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ono Pharmaceutical Trend Analysis

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

Ono Pharmaceutical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ono Pharmaceutical Co applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Ono Pharmaceutical Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 134.75, which is the sum of squared deviations for the predicted Ono Pharmaceutical price change compared to its average price change.

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

Ono Pharmaceutical December 11, 2024 Technical Indicators

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

Ono Pharmaceutical December 11, 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 Ono 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 Ono Pink Sheet analysis

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