Altimmune Stock Technical Analysis

ALT
 Stock
  

USD 10.10  0.25  2.42%   

As of the 10th of December, Altimmune shows the risk adjusted performance of (0.20), and Mean Deviation of 4.26. Altimmune 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 and interpolate nineteen technical drivers for Altimmune, which can be compared to its rivals. Please confirm Altimmune variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Altimmune is priced correctly, providing market reflects its regular price of 10.1 per share. Given that Altimmune has jensen alpha of (0.93), we suggest you to validate Altimmune's prevailing market performance to make sure the company can sustain itself at a future point.
  

Altimmune Momentum Analysis

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

Altimmune Analyst Consensus

Target PriceAdvice# of Analysts
30.5Strong Buy6Odds
Altimmune current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Altimmune 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 Altimmune stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Altimmune, talking to its executives and customers, or listening to Altimmune conference calls.
Altimmune Analyst Advice Details
Altimmune 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 Altimmune technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altimmune 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...

Altimmune Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Altimmune volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Altimmune Trend Analysis

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

Altimmune Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Altimmune applied against its price change over selected period. The best fit line has a slop of   -0.05  , which may imply that the returns on investment in Altimmune will continue to fail. It has 122 observation points and a regression sum of squares at 107.48, which is the sum of squared deviations for the predicted Altimmune price change compared to its average price change.

About Altimmune 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 Altimmune 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 Altimmune based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Altimmune price pattern first instead of the macroeconomic environment surrounding Altimmune. By analyzing Altimmune'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 Altimmune'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 Altimmune specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 (projected)
Calculated Tax Rate4.94.87
Long Term Debt to Equity0.01190.0122

Altimmune December 10, 2022 Technical Indicators

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

Altimmune December 10, 2022 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 Altimmune 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.
Please continue to Trending Equities. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for analysis

When running Altimmune price analysis, check to measure Altimmune'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 Altimmune is operating at the current time. Most of Altimmune's value examination focuses on studying past and present price action to predict the probability of Altimmune's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altimmune's price. Additionally, you may evaluate how the addition of Altimmune to your portfolios can decrease your overall portfolio volatility.
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Is Altimmune's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altimmune. If investors know Altimmune will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altimmune listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Altimmune is measured differently than its book value, which is the value of Altimmune that is recorded on the company's balance sheet. Investors also form their own opinion of Altimmune's value that differs from its market value or its book value, called intrinsic value, which is Altimmune's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altimmune's market value can be influenced by many factors that don't directly affect Altimmune's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altimmune's value and its price as these two are different measures arrived at by different means. Investors typically determine Altimmune value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altimmune's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.