BlueCity Stock Technical Analysis


USD 1.54  0.00  0.00%   

As of the 27th of November, BlueCity Holdings shows the Mean Deviation of 1.03, downside deviation of 1.52, and Risk Adjusted Performance of 0.2612. BlueCity Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for BlueCity Holdings Limited, which can be compared to its rivals. Please confirm BlueCity Holdings variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if BlueCity Holdings is priced correctly, providing market reflects its regular price of 1.54 per share. Please also double-check BlueCity Holdings Limited total risk alpha, which is currently at 0.2229 to validate the company can sustain itself at a future point.

BlueCity Holdings Momentum Analysis

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

BlueCity Holdings Analyst Consensus

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

BlueCity Holdings Technical Analysis

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BlueCity Holdings Trend Analysis

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

BlueCity Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BlueCity Holdings Limited applied against its price change over selected period. The best fit line has a slop of   0.004397  , which means BlueCity Holdings Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.73, which is the sum of squared deviations for the predicted BlueCity Holdings price change compared to its average price change.

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

BlueCity Holdings November 27, 2022 Technical Indicators

Most technical analysis of BlueCity 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 BlueCity from various momentum indicators to cycle indicators. When you analyze BlueCity 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.
Continue to Trending Equities. Note that the BlueCity Holdings information on this page should be used as a complementary analysis to other BlueCity Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for BlueCity Stock

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