Nanthealth Stock Technical Analysis

NH -  USA Stock  

USD 0.48  0.06  11.11%

As of the 25th of June, Nanthealth secures the risk adjusted performance of (0.16), and Mean Deviation of 3.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nanthealth, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Nanthealth, which can be compared to its peers in the industry. Please verify Nanthealth standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Nanthealth is priced some-what accurately, providing market reflects its recent price of 0.48 per share. As Nanthealth is a penny stock we also strongly advise to check its total risk alpha numbers.
  
Refresh

Nanthealth Momentum Analysis

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

Nanthealth Analyst Consensus

Target PriceAdvice# of Analysts
3.25Strong Buy2Odds
Nanthealth current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Nanthealth 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 Nanthealth stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Nanthealth, talking to its executives and customers, or listening to Nanthealth conference calls.
Nanthealth Analyst Advice Details
Nanthealth 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 Nanthealth technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nanthealth 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...

Nanthealth Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Nanthealth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
.

Nanthealth Trend Analysis

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

Nanthealth Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nanthealth applied against its price change over selected period. The best fit line has a slop of   -0.0049  , which may indicate that the price for Nanthealth will continue to decline. It has 122 observation points and a regression sum of squares at 0.92, which is the sum of squared deviations for the predicted Nanthealth price change compared to its average price change.

About Nanthealth 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 Nanthealth 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 Nanthealth based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nanthealth stock first instead of the macroeconomic environment surrounding Nanthealth. By analyzing Nanthealth'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 Nanthealth'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 Nanthealth specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2017 2018 2021 2022 (projected)
PPandE Turnover3.644.314.965.16
Long Term Debt to Equity1.0170.8163.7368.76

Nanthealth June 25, 2022 Technical Indicators

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

Nanthealth June 25, 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 Nanthealth 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.
Additionally, see Stocks Correlation. Note that the Nanthealth information on this page should be used as a complementary analysis to other Nanthealth'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Nanthealth Stock analysis

When running Nanthealth price analysis, check to measure Nanthealth'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 Nanthealth is operating at the current time. Most of Nanthealth's value examination focuses on studying past and present price action to predict the probability of Nanthealth's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Nanthealth's price. Additionally, you may evaluate how the addition of Nanthealth to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Is Nanthealth'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 Nanthealth. If investors know Nanthealth 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 Nanthealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
64.7 M
Quarterly Revenue Growth YOY
0.013
Return On Assets
-0.15
The market value of Nanthealth is measured differently than its book value, which is the value of Nanthealth that is recorded on the company's balance sheet. Investors also form their own opinion of Nanthealth's value that differs from its market value or its book value, called intrinsic value, which is Nanthealth'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 Nanthealth's market value can be influenced by many factors that don't directly affect Nanthealth'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 Nanthealth's value and its price as these two are different measures arrived at by different means. Investors typically determine Nanthealth value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nanthealth'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.