Medicine Man Technologies Stock Technical Analysis
| SHWZ Stock | USD 0.10 0.01 9.09% |
As of the 2nd of December, Medicine Man secures the Risk Adjusted Performance of 0.1332, mean deviation of 25.68, and Downside Deviation of 41.84. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Medicine Man Technologies, as well as the relationship between them.
Medicine Man Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Medicine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MedicineMedicine |
Medicine Man 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.
Medicine Man Technologies Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Medicine Man Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Medicine Man Technologies Trend Analysis
Use this graph to draw trend lines for Medicine Man Technologies. You can use it to identify possible trend reversals for Medicine Man 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 Medicine Man price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Medicine Man Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Medicine Man Technologies applied against its price change over selected period. The best fit line has a slop of 0.0011 , which may suggest that Medicine Man Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Medicine Man price change compared to its average price change.About Medicine Man 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 Medicine Man Technologies 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 Medicine Man Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Medicine Man Technologies price pattern first instead of the macroeconomic environment surrounding Medicine Man Technologies. By analyzing Medicine Man'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 Medicine Man'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 Medicine Man specific price patterns or momentum indicators. Please read more on our technical analysis page.
Medicine Man December 2, 2024 Technical Indicators
Most technical analysis of Medicine 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 Medicine from various momentum indicators to cycle indicators. When you analyze Medicine 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.1332 | |||
| Market Risk Adjusted Performance | (4.78) | |||
| Mean Deviation | 25.68 | |||
| Semi Deviation | 20.77 | |||
| Downside Deviation | 41.84 | |||
| Coefficient Of Variation | 619.57 | |||
| Standard Deviation | 41.78 | |||
| Variance | 1745.84 | |||
| Information Ratio | 0.1581 | |||
| Jensen Alpha | 6.91 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.1579 | |||
| Treynor Ratio | (4.79) | |||
| Maximum Drawdown | 236.06 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 | |||
| Downside Variance | 1750.26 | |||
| Semi Variance | 431.22 | |||
| Expected Short fall | (67.16) | |||
| Skewness | 1.66 | |||
| Kurtosis | 4.0 |
Additional Tools for Medicine Pink Sheet Analysis
When running Medicine Man's price analysis, check to measure Medicine Man'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 Medicine Man is operating at the current time. Most of Medicine Man's value examination focuses on studying past and present price action to predict the probability of Medicine Man's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medicine Man's price. Additionally, you may evaluate how the addition of Medicine Man to your portfolios can decrease your overall portfolio volatility.