ETFMG Etf Technical Analysis

HACK -  USA Etf  

USD 45.79  0.91  1.95%

As of the 25th of May, ETFMG Prime shows the mean deviation of 1.42. ETFMG Prime Cyber technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity 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 ETFMG Prime Cyber, which can be compared to its rivals. Please confirm ETFMG Prime Cyber coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if ETFMG Prime Cyber is priced adequately, providing market reflects its regular price of 45.79 per share.
  
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ETFMG Prime technical etf 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 ETFMG Prime technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ETFMG Prime 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...

ETFMG Prime Cyber Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of one hundred fourty-eight. The True Range is a measure of ETFMG Prime Cyber volatility developed by Welles Wilder.
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ETFMG Prime Cyber Trend Analysis

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

ETFMG Prime Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ETFMG Prime Cyber applied against its price change over selected period. The best fit line has a slop of   -0.1  , which may suggest that ETFMG Prime Cyber market price will keep on failing further. It has 298 observation points and a regression sum of squares at 5871.72, which is the sum of squared deviations for the predicted ETFMG Prime price change compared to its average price change.

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

ETFMG Prime May 25, 2022 Technical Indicators

Most technical analysis of ETFMG 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 ETFMG from various momentum indicators to cycle indicators. When you analyze ETFMG 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.
Please check Risk vs Return Analysis. Note that the ETFMG Prime Cyber information on this page should be used as a complementary analysis to other ETFMG Prime'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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