Better Stock Technical Analysis

BTTR -  USA Stock  

USD 2.78  0.17  5.76%

As of the 16th of January 2022, Better Choice shows the risk adjusted performance of (0.1), and Mean Deviation of 2.55. Better Choice 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 interpolate and analyze data for nineteen technical drivers for Better Choice, which can be compared to its rivals. Please confirm Better Choice variance and potential upside to decide if Better Choice is priced correctly, providing market reflects its regular price of 2.78 per share. Please also double-check Better Choice total risk alpha, which is currently at (0.72) to validate the company can sustain itself at a future point.

Better Technical Analysis 

 
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Better Choice Analyst Consensus

Target PriceAdvice# of Analysts
8.67Strong Buy3Odds
Better Choice current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Better 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 Better stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Better Choice, talking to its executives and customers, or listening to Better conference calls.
Better Analyst Advice Details
Better Choice 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 Better Choice technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Better Choice 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...

Better Choice Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Normalized Average True Range is used to analyze tradable apportunities for Better Choice across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

Better Choice Trend Analysis

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

Better Choice Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Better Choice applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may suggest that Better Choice market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19.2, which is the sum of squared deviations for the predicted Better Choice price change compared to its average price change.

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

Better Choice January 16, 2022 Technical Indicators

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

Better Choice January 16, 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 Better 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.
Continue to Trending Equities. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's 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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Better Stock analysis

When running Better Choice price analysis, check to measure Better Choice'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 Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice'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 Better Choice. If investors know Better 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 Better Choice 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 Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice'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 Better Choice's market value can be influenced by many factors that don't directly affect Better Choice'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 Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine Better Choice value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice'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.